MoneyWorks4Me

Simplex Projects to dispose-off substantial portion in Simpark Infrastructure

17 Feb 2015 Evaluate

Simplex Projects has received an approval to dispose of substantial portion of the shareholding of wholly owned subsidiary (WOS) company, Simpark Infrastructure. The board of directors at their meeting held on February 13, 2015 have approved for the same.

Simplex Projects (SPL) controls project sites all over India. In a decade of its working SPL has emerged as a renowned civil engineering and construction company. The company has procured a fleet of construction equipment over this period.

Peers
Company Name CMP
Lodha Developers 1172.00
Dilip Buildcon 407.65
Sobha 1237.20
Oberoi Realty 1785.00
Ahluwalia Contract(I 590.65
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