MoneyWorks4Me

GPT Infraprojects sells entire Wind Mill Division

29 Jan 2013 Evaluate

GPT Infraprojects has sold/disposed off the existing entire Wind Mill Division/Business of the company. The company has taken this step pursuant to terms of the resolution passed by shareholders through postal ballot process on December 28, 2012, under Companies Act, 1956.

GPT Infraprojects, the flagship company of the GPT Group was renamed to reflect the core areas of operation of the Company in the execution of civil and infrastructure projects, after the merger of Tantia Concrete Products and GPT Infrastructures. GPT Infraprojects operates primarily from two divisions - the Sleeper Division and the Infrastructure Division.

Peers
Company Name CMP
Larsen & Toubro 3770.00
Kalpataru Projects 1376.45
NCC 130.30
Rail Vikas Nigam 203.00
KEC International 390.40
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