JITF Urban Infrastructure Services (JUISL), the unlisted material subsidiary of JITF Infralogistics has entered into a strategic investment agreement on July 16, 2018 with Technomechanical Services (TSPL) pursuant to which JUISL has agreed to transfer up to 49% shareholding in its wholly owned subsidiary i.e. JITF Water Infrastructure (JWIL) to TSPL or its designated representatives in one or more tranches upon fulfilment of condition precedents.
The material unlisted subsidiary of the company i.e. JITF Urban Infrastructure Services (JUISL), shall continue to hold 51 % of the paid-up share capital of JWIL along with the right to appoint the majority of directors of the JWIL including the right to appointment of the independent director in accordance with the SEBI LODR Regulations.
JITF Infralogistics (JIL) is redefining existing norms in the areas of Water, Wastewater & Solid Waste Management, Logistics and Transportation Equipment Fabrication. Through its subsidiaries, JIL is involved in laying a strong foundation for a secure and sustainable future.
| Company Name | CMP |
|---|---|
| Syngene Internation. | 435.70 |
| Indegene | 486.80 |
| CMS Info Systems | 318.00 |
| JITF Infralogistics | 338.00 |
| Sagility | 42.95 |
| View more.. | |
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