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Gayatri Projects to consider corporate restructuring of its road assets

12 Jan 2016 Evaluate

Gayatri Projects is planning to consider the corporate restructuring of its road assets, which may mean hiving of its roads business as a separate entity. In this regard, the company’s management is in the process of finalizing a few options for corporate restructuring of its road assets, which among other things may involve hiving off the entire road asset business as a separate entity.

The company is in the process of ascertaining the availability of directors to convene a meeting in due course to chart out future plans.

Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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