MoneyWorks4Me

Ashoka Buildcon receives first tranche of private equity investment in Unison Enviro

01 Feb 2019 Evaluate

Ashoka Buildcon has received the first tranche of investment of Rs 35 crore on January 31, 2019, in respect of investment commitment of Rs 150 crore by Morgan Stanley India Infrastructure (MSII) into City Gas Distribution (CGD) business of Unison Enviro (UEPL), a Subsidiary of the Company, after the transaction closure has been achieved by UEPL.


Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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