Kirloskar Ferrous has acquired a majority stake in steel alloy maker Indian Seamless Metal Tubes (ISMT), which will allow the company to foray into the special steels business.

Speaking to CNBC-TV18 spoke to RV Gumaste, Managing Director of Kirloskar Ferrous said capacity utilisation will improve with ISMT coming on stream. On debt position post this deal, he said that it is manageable.

For full management commentary, watch the video.