India’s restructuring ABG Shipyard has confirmed talks with new potential investors.
But the debt-ridden company said discussions were only at a “very preliminary stage.”
It was responding to a report in the Mint daily that cited ABG executive director Dhananjay Datar as naming Reliance Defence and Engineering, Shapoorji Pallonji Group and Liberty House Group of the UK as interested parties.
He added offers for the company are being considered by lenders.
Reliance