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VKJ Infradevelopers to acquire majority stake in infrastructure business company

07 Feb 2018 Evaluate

VKJ Infradevelopers has received an approval to acquire more than 60% stake in a company which is already engaged in infrastructure business. The board of director at its meeting held on February 6, 2018 approved the same. The board also approved issue of equity shares on preferential basis for consideration other than cash.

VKJ Infradevelopers is engaged in the business of trading in construction materials, land development, civil construction, site development, land filing and fencing walls.


Peers
Company Name CMP
Larsen & Toubro 3877.70
Kalpataru Projects 1407.00
NCC 133.90
Rail Vikas Nigam 208.10
KEC International 396.80
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