It's not synergy, but entrepreneurship, says Shree Renuka Sugars MD

Eighteen years after dedicated work to bring Shree Renuka Sugars (SRSL) to the level of India’s largest sugar refiner, promoter and managing director Narendra Murkumbi is moving out of the company and selling his controlling stake to global multinational Wilmar International. He looks back and talks of the future in an interview with Dilip Kumar Jha. Edited excerpts:

What is SRSL’s succession plan?

Atul Chaturvedi, formerly chief executive officer of Adani Wilmar, has been designated the executive chairman. He has long experience in the commodity sector. I am going to remain as managing director till Wilmar’s open offer (for equity, to minority