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IL&FS Transportation Networks informs about divestment of stake in subsidiary company

11 Feb 2016 Evaluate

IL&FS Transportation Networks has informed that the Company along with its subsidiary has sold 49% equity stake in Rapid MetroRail Gurgaon, a subsidiary of the Company at a price of Rs 17 per share for an aggregate consideration of Rs 509.90 Crs.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 4139.00
Kalpataru Projects 1346.45
NCC 134.50
Rail Vikas Nigam 199.45
KEC International 333.55
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