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Atlanta and its arm receive arbitration award money of Rs 314.78 crore

10 Apr 2017 Evaluate

Atlanta and its subsidiary Atlanta Infra Assets have received part of its arbitration award money amounting to Rs 196.90 crore and Rs 117.88 crore respectively. The group has received a total amount of Rs 314.78 crore and the receipts will be utilized for repaying future debt obligation and augmentation of working capital requirements.

Atlanta is a leading infrastructure company with proven track records of over three decades of experience in engineering, procurement, construction (EPC) and realty.

Peers
Company Name CMP
Larsen & Toubro 3650.10
Kalpataru Projects 1426.00
NCC 122.25
Rail Vikas Nigam 190.15
KEC International 351.60
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