The shareholders of IGC had better hope that they approve the...

The shareholders of IGC had better hope that they approve the 15% stake acquisition by NKP in this meeting or it's not going to be a pretty sight for the IGC share price as well as for NKP.

This deal is a fantastic one for both companies. If a deal wasn't done then it would be at a major loss for both companies in many ways.

IGC have over 2 million shares in NKP as well so it is in IGC's best interest for the deal to be done not to mention NKP giving IGC another 59 million dollars on top of that.

59 million is more than IGC's current market cap so IGC shareholders would have to be crazy to not accept it.