Bharat Road Network (BRNL) has recently entered into Securities Purchase Agreement (SPA) with KMC Infratech Road Holdings and KMC Constructions (they together hold balance 51% equity shares in GIPL), for acquisition of remaining 51% stake in Guruvayoor Infrastructure (GIPL), thus taking the total shareholding of the company in GIPL to 100%. The said transaction is subject to necessary Regulatory Approvals. GIPL shall become Wholly Owned Subsidiary of the company.
Bharat Road Network (BRNL) is a road build-operate-transfer (BOT) in India, focused on development, implementation, operation and maintenance of roads/highways projects.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.00 |
| Rail Vikas Nigam | 296.30 |
| NCC | 160.45 |
| KEC International | 559.60 |
| Kalpataru Projects | 1240.45 |
| View more.. | |
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