Kridhan Infra’s (KIL) subsidiary KH Foges has recently been awarded a new piling contract, in Singapore, worth Rs 134 crore (SG$ 27 million). The contract period for the project is approximately 4 months.
Recently, KIL had acquired an additional 4.61% stake in Vijay Nirman Company (VNC). As a part of this transaction, VNC had allotted 14,99,475 fresh equity shares to KIL. Post this transaction, KIL holding in Vijay Nirman had increased to 41.47%.
Kridhan Infra is an ISO 9001:2008 certified infrastructure solutions company. Established in 2006 with headquarters in Mumbai, Kridhan Infra is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.
