In an interview to CNBC-TV18, AK Vijay, ED of Texmaco Rail spoke about the results and his outlook for the company.
Saroj Poddar-led Texmaco Rail and Engineering Ltd may take control of Kalindee Rail Nirman (Engineers) Limited by October after the open offer closes by September-end.
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.