Business Standard

Gesco Partners In New Deal

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Arijit DeS Ravindran BUSINESS STANDARD

The Mahindra group, which stepped in to bail out Gesco Corporation promoter Ghanshyam Sheth when the Delhi-based Abhishek Dalmia mounted a hostile raid on the real estate company, and the Sheths, have arrived at an arrangement in the real estate company.

Sources close to Sheth, who remains the vice-chairman of Gesco Corporation, said the two sides were consolidating their operations.

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First Published: Dec 06 2002 | 12:00 AM IST

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