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Expect good bids to open up in next 2-3 months: IRB Infra 19102011

Wednesday, October 19, 2011

IRB Infra's chairman and managing director, VD Mhaiskar has bought 2% in his company, upping his stake to 60%. This is in contrast to the promoter group selling nearly 10% of stock in a block deal recently.

CNBC-TV18 catches up with him for the rationale behind the move and the way forward for IRB Infra. He says that he expects good bids to open up in the next two-three months.



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