Sell GTL Infra, RComm: Seshadri Bharathan, KSEMA

ET NOW spoke to Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd., on his views on GTL Infra and RComm.

What would you do with GTL Infra or possibly even RComm?

At this point of time, it is sell for these companies. Look at GTL Infra, it has significant debt on its balance sheet. If you talk about RComm then yes, again this company has close to around Rs 30000 crore of debt and by doing this agreement of Reliance Infratel with GTL Infra, it plans to retire 50% of its debt, which is not happening at this point of time. So again, this is a negative news for RComm.