MoneyWorks4Me

Gammon Infrastructure Projects’ arms sell entire stake in SREPL

19 Jul 2017 Evaluate

Gammon Infrastructure Projects’ subsidiary - Gammon Projects Developers and Gammon Renewable Energy Infrastructure Projects, have divested their entire shareholding held in Satluj Renewable Energy (SREPL), a non-material and non-operational indirect subsidiary of the company. The consideration received from the sale amounted to Rs 1.50 lakh.

Gammon Infrastructure Projects is an infrastructure project development company incorporated by Gammon India, to participate in the development of infrastructure projects on a public private partnership (PPP) basis.



Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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