Gayatri Highways has proposed to acquire 12.71% of Equity Share Capital in HKR Roadways from the Existing Shareholder of the HKR Roadways. The Existing Shareholder of HKR Roadways has agreed for sale of their equity shareholding to Gayatri Highways 5,89,997 fully paid up equity shares of face value of Rs 10 each aggregating to Rs 58,99,970. As Gayatri Highways is engaged in infrastructure industry, the investment in HKR Roadways would be very beneficial for the future growth prospects.
Gayatri Highways is engaged in the business of Construction and Maintenance of Motorways, Streets, Roads, Other Vehicular And Pedestrian Ways, Highways, Bridges, Tunnels And Subways. The company's products and services range include Operation & Maintenance activities.
