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Vascon Engineers’ arm gets nod to sell Mumbai division

16 Nov 2017 Evaluate

GMP Technical Solutions, a material subsidiary of Vascon Engineers, has received an approval for slump Sale of its Mumbai division and accordingly a Business Transfer Agreement is signed on November 16, 2017 with Innovative Core Systems (Acquirer) to sell and transfer its stake held in Mumbai Division (Unit) for a consideration of Rs 18 crore. The GMP Technical Solutions’ board of directors at their meeting has approved for the same.

Vascon Engineers has significant experience in providing EPC services, which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.


Vascon Engineers Share Price

37.80 -0.98 (-2.53%)
20-Apr-2026 15:26 View Price Chart
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Company Name CMP
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