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A2Z Infra Engineering sells 5.27% stake in A2Z Green

13 Mar 2019 Evaluate

A2Z Infra Engineering has sold its 12,00,000 equity shares constituting 5.27% stake held in A2Z Green Waste Management (A2Z Green) resulting into the company losing its management control over A2Z Green and henceforth, A2Z Green has ceased to be a subsidiary of the company for all purposes. The shareholding of the company now stands reduced to 42.61%. 

A2Z Infra Engineering (previously known as A2Z Maintenance & Engineering Services) is primarily engaged in providing Engineering, Procurement and Construction (EPC) services in power transmission and distribution sector with focus on distribution.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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