Hindustan Construction Company’s (HCC) wholly owned subsidiary -- HCC Real Estate has executed a definitive agreement in respect of 100% stake sale of Charosa Wineries (CWL), its wholly owned subsidiary, to Quintela Assets and Grover Zampa Vineyards. The consideration to be received for the sale is around Rs 1.76 crore.
HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.