Maytas Properties to get a collaborator to pump in funds
BS Reporter / Hyderabad Sep 02, 2009, 01:11 IST
A new collaborator would step in to pump in the required funds to complete the works pending at Maytas Hill County, the prestigious residential real estate project of Maytas Properties, the unlisted company belonging to the family of Satyam Computer Services founder B Ramalinga Raju.
According to Ved Jain, the government-appointed director on both the boards of Maytas Infra and Maytas Properties, the effort is to protect the interests of the people who have invested in the Hill County project.
“We are working out a module to protect their investments. There is a definite plan to infuse capital to ensure that Hill County is completed,” he said on Tuesday while addressing the media on the sidelines of a board meeting of Maytas Infra.
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