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Kridhan Infra enters into MOU to acquire strategic stake in Vijay Nirman Company

01 Sep 2017 Evaluate

With a view to expand its activities in India, Kridhan Infra has entered into a Memorandum of Understanding (MoU) to acquire a strategic stake in Vijay Nirman Company, an established EPC Company in India. The Board of Directors of the company at their meeting held on August 31, 2017 has approved the same and authorized Anil Agrawal, Managing Director of the Company, to take further steps towards entering into a definitive agreement.

Kridhan Infra has evolved from a steel products manufacturer to a niche foundation engineering company.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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