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GTL Infrastructure to merge CNIL with itself

01 Sep 2017 Evaluate

GTL Infrastructure has received an approval to merge Chennai Network Infrastructure (CNIL) with itself. At meeting convened on August 29, 2017, the holders of existing Interest Bearing Convertible Bonds (‘Existing Series B Bonds’) issued by the Company, has approved the same with requisite majority.

GTL Infrastructure is the pioneer in Shared Telecom Infrastructure in India. The company offers ready to use passive infrastructure to wireless telecom operators.

Peers
Company Name CMP
HFCL 214.70
Bondada Engineering 269.60
Pace Digitek 156.25
GTL Infrastructure 1.15
STL Networks 42.92
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