The letter to Mr Kumar, which was circulated among the press, explicitly states, After the presentation and the conclusion of the discussions thereon where all the directors expressed their views, the board unanimously approved the proposal to invest up to Rs 1,200 crore in the share capital of TTL, you did not express any dissent to the proposal.
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Item No B11 is the one that pertained to the investment of up to Rs 1,200 crore into TTL in the agenda note circulated among the members of the board, a week before the meeting, according to the letter.
Mr Ranade also contests the claim that the note was not circulated to the government nominee before the meeting.
The VSNL management, however, did not furnish the press with the agenda note or the minutes of the May 28 board meeting.
The letter has been sent in response to Mr Kumars allegation that the decision had not been unanimously approved by the board. This charge had been made by Mr Kumar in a letter to Mr Ranade on May 29, a day after the board meeting.
In the meantime, Union minister for telecommunications, Pramod Mahajan, and secretary department of telecommunications (DoT), Shyamal Ghosh, along with other members of DoT, held a closed door meeting.