Changing Perception: Sanjeev Gupta's Liberty Steel Group To

Changing Perception: Sanjeev Gupta's Liberty Steel Group To Publish Audited Results In Early 2021


Changing perception: Sanjeev Gupta's Liberty Steel Group to publish audited results in early 2021
Often criticised for not being transparent enough, the $15 billion group has appointed a global auditor. It will soon publish its annual report for 2020 financial year, GFG Alliance's Chief Investment Officer Jay Hambro said. Liberty Steel is part of GFG Alliance.
December 23, 2020 / 05:41 PM IST
The Sanjeev Gupta-led Liberty Steel Group, which has been often singled out by critics for not being transparent enough about its financials, has taken multiple steps that could be a 'game changer' for its perception, a senior executive has said.
The $15 billion group that has operations in 10 countries, including in India, had earlier this year appointed a board that includes independent non-executive members. "We have now appointed one global auditor, bringing all our units together to make a whole. All these units will have the same financial standards, including the same financial year," Jay Hambro, Chief Investment Officer of GFG Alliance, told Moneycontrol.

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