Ramky Infrastructure completes sale of NAM Expressway

04 Dec 2018 Evaluate

Ramky Infrastructure has completed the sale of 100% of the company's shareholding in NAM Expressway to Cube Highways and Infrastructure Pte, Singapore. Pursuant to the completion of the 100% share transfer, the consolidated debt of the company is reduced by about Rs 15,590 million.

Further with effect from December 1, 2018, NAM Expressway shall ceases to be a Wholly owned subsidiary of Ramky Infrastructure.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.

Ramky Infrastructure Share Price

485.00 40.80 (9.19%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3774.10
Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
NCC 232.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.