The company's EBITDA may grow 15-20 percent next fiscal on the back of low raw material cost, says Rajendra Gogri, CMD, Aarti Industries.
The scheme of amalgamation was sanctioned by "High Court of Judicature of Bombay vide its order dated 10th July, 2015 and the High Court of Gujarat at Ahmedabad vide its order dated 31st July, 2015," the company said.
Aarti Industries has gained over 9 percent intraday Wednesday and has rallied 191 percent on a one-year basis from the levels of around Rs 102 to Rs 300. In an interview to CNBC-TV18, Rajendra Gogri, Chairman & Managing Director, Aarti Industries, discusses on the company‘s outlook.
In an interview with CNBC-TV18, Rajendra Gogri, VC and MD of Aarti Industries spoke about the expansion plans of the company.