They don’t won’t to pay up and freely acquiring 2% stake.!!
Now one can argue 100mw capacity etc… But 2019 incorporated. Now generating revenue 15 lacs.
If they want its their company without any complexing they can merge. ( If they want to be minority friendly)
I see this as negative development in the company.(CG issue)
On the +ve side, they see good potential in coming years so without paying, wanted to increase stake.
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