Nothing wrong in holding AVL. I hold both TMT and AVL. But my AVL holding is much smaller than TMT and I am just hedging with AVL..
Despite holding both, I am not happy with the merger.
The the main reason for the dissatisfaction is the timeline is pushed out by another 1.5 to 2 yrs. Secondly, I still believe TMT on it's own is a better proposition than TMT and AVL together.
Ann: Merger Presentation, page-205
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