Man Infraconstruction (MICL) has increased its equity ownership in its associate company, Atmosphere Realty (ARPL), by acquiring an additional 12.5% stake. As a result, MICL has increased its equity holding in ARPL from the previous 17.5% to a significant 30%. This acquisition was completed for a cash consideration of Rs 12.5 crore. The object of acquisition is to carry out business of Real Estate Development and other lawful activities.
Man Infraconstruction is an India-based company engaged in the business of civil construction. The company’s operations consist of construction / project activities/real estate activities.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
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