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Sterlite Power, Singapore's GIC join hands for power transmission platform
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Mint, Agarwal said that company is awaiting the approval to the demerger proposal from the National Company Law Tribunal (NCLT) and expects the process to complete by the second quarter of the FY25. He had said that the company is already in talks with private equity investors for an equity fundraise for its transmission business.
The company is also present in the products and services business wherein it produces power transmission components such as power conductors, power cables and over ground wire cables. Milestone Alert!
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