CEO of Liberty Shoes, Adesh Gupta said, they hope to foray into the telecom space soon. However, he declined to confirm whether they have bid for ITI Limited, which manufactures and supplies telephone and communications equipment and parts. "It is a sensitive issue. We would prefer not to add any comments at this point in time. At an appropriate time we will come back to you," he said.
He however mentioned that any such bid would most likely be through the promoter entity and not the listed Liberty Shoes.
