Thursday, March 29, 2012

Management control issue may supersede issue of erosion of over 50% of peak networth

Haldia Petrochemicals is expected to erode more than half of its peak networth in FY11-12. However, a potential conflict between the lead promoters on management control may supersede ride the loomingg “potential sickness” of HPL during this weeks’ board meet, as per Businessline.

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