
The Himachal Futuristic Group has appointed UK-based consultant Euromax to scout for investors for its two listed entities ?? HFCL and HFCL Infotel. However, there is speculation that the consultant’s mandate includes a possible split between the promoters of the group. The two partners, Mahendra Nahata and Vinay Maloo, are believed to be exploring ways of dividing the assets of the Rs 7.56 billion group.