Their main aim is to deleverage the balance sheet and increase investments into high margin businesses like OEMs, rail and defence air conditioners, transport air conditioners etc, said Nipun Singhal, Director, Lloyd Electric & Engineering.

Analyst take: Havells-Lloyd deal 'win-win' for both

In an interview with CNBC-TV18, market veteran SP Tulsian and Rabindra Nath Nayak of Dolat Capital Group Company gave their take on the Havells-Lloyd deal.

Demonetisation: One of the boldest reforms of modern India, says Lloyd Electric

Watch the interview of Nipun Singhal, Director of Lloyd Electric & Engineering with Ekta Batra and Nigel D'Souza on CNBC-TV18. He shared his views on the impact of demonetisation on white goods.