Sadbhav Infra gets second tranche for entire stake sale in 7 operational road projects

Sadbhav Infrastructure Project Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 539346 | NSE: SADBHIN

16 Mar 2020 Evaluate

Sadbhav Infrastructure Project has received Rs 457.70 crore towards second tranche in connection with the sale of entire equity share capital held by the company in seven operational road projects to the Indinfravit Trust. Balance funds are expected to be received soon. Till now, the company has received funds of Rs 1,291 crore and units of Indinfravit Trust worth Rs 724.3 crore.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects.

Peers

Company Name	CMP
Larsen & Toubro	3860.00
Kalpataru Projects	1447.10
NCC	137.00
Rail Vikas Nigam	210.30
KEC International	402.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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