Gautam Thapar: Victim Or Villain?

The InGovern report noted: “During the investigations by SEBI, (the) SFIO and restatement of accounts, KKR was exiting its holdings in the company. So, it is not clear as to why KKR, which triggered in 2019 the entire change of Board and ouster of Mr Gautam Thapar and some key management personnel and converted its debt in the holding company to equity of CG Power, is exiting even before the new imminent promoter steps-in.”