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GPT Infraprojects incorporates subsidiary company in Republic of Ghana

15 Jun 2022 Evaluate

GPT Infraprojects has incorporated a new subsidiary namely ‘RMS GPT Ghana’ at Republic of Ghana for manufacture of concrete sleepers. The company will hold 60% stake in RMS GPT Ghana and in this regard the company has subscribed to euro 6 lakh equity shares and euro 3,250,000 Redeemable Preference Shares. The indicative time period for completion of the acquisition is 6 month.

GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.

Peers
Company Name CMP
Larsen & Toubro 4139.30
Kalpataru Projects 1358.55
NCC 126.30
Rail Vikas Nigam 196.70
KEC International 334.50
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