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Om Metals Infraprojects divests stake in its Hotel Division

03 Oct 2018 Evaluate

Om Metals Infraprojects has divested its stake in its Hotel Division at approved valuation to Jupiter Metal belonging to the promoter group. The sale consideration for Hotel Om Tower based on independent valuation is Rs 36.30 crore.

Om Metals Infraprojects is a conglomerate having diverse business activities and interests related to Hydro mechanical equipments, turnkey solutions for steel fabrication, Hydro power developments, Real Estate, Entertainment centers and Hotels.

Peers
Company Name CMP
Larsen & Toubro 3850.00
Kalpataru Projects 1375.25
NCC 137.30
Rail Vikas Nigam 198.90
KEC International 406.80
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