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GR Infraprojects enters into share purchase agreement with RECPDCL

14 Feb 2024 Evaluate

GR Infraprojects has entered into Share Purchase agreement with REC Power Development and Consultancy (RECPDCL) for acquisition of Pochora Power Transmission, wholly owned subsidiary of RECPDCL. After this acquisition, Pachora Power Transmission has become wholly owned subsidiary company of G R Infraprojects. The equity shares of Pachora Power Transmission have been acquired at total consideration of Rs 6.55 crore. 

GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.

Peers
Company Name CMP
Larsen & Toubro 3675.00
Kalpataru Projects 1417.15
NCC 124.15
Rail Vikas Nigam 197.45
KEC International 359.85
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