The Callmate Tellips Telecom Limited (CTTL) has clarified a news item published in a section of press that Orix is only syndicating a loan facility of Rs 750 million on behalf of Callmate.
A statement issued here on Wednesday by Callmate said that there had been no badla financing arrangement, however Orix has expressed its willingness to facilitate equity financing for the on-going projects of the company.-PR