C Shiva Kumar Reddy, managing director of Kaveri Telecom, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, gave his perspective of the first quarter performance and divulged future plans.
Kavveri Telecom Products announced on Thursday that their board had approved a fund raising plan for the company. C Shiva Kumar Reddy, MD of Kavveri Telecom Products Limited, in an interview with Ekta Batra and Gautam Broker, spoke about the recent happenings in his company and the road ahead.
C Shiva Kumar Reddy, managing director of the leading telecom products manufacturer said, “The growth has been led from the manufacturing concept the company has managed to sell overseas.” He sees 30% top-line and bottom-line growth in FY12.
In an interview with CNBC-TV18, C Shiva Kumar Reddy, MD, Kavveri Telecom Products says, the company’s board will meet on May 20, 2011 to mull an acquisition in Europe.
Kavveri Telecom has received board approval to raise funds for overseas acquisitions, says C Shivakumar Reddy, MD, Kavveri Telecom in an interview on CNBC-TV18. “Acquisition continues to be our core focus so as to increase our presence in the overseas markets,” he says.
In an interview with CNBC-TV18, C Shiva Kumar Reddy, MD, Kavveri Telecom Products spoke on the preferential allotment and the company's business plans going forward.