IRB Surat Dahisar Tollway becomes wholly owned subsidiary of IRB Infrastructure Developers

27 May 2013

IRB Surat Dahisar Tollway has become a wholly owned subsidiary of the IRB Infrastructure Developers. Earlier, on January 30, 2009 the company had entered into Subscription and a Put Option Agreement, Deutsche Bank AG, Mumbai Branch exercised their put option and sold equity holding of 10% in IRB Surat Dahisar Tollway to the Company at a total consideration of Rs. 67.05 crore

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

Related IRB Infrastructure Developers Ltd. Links:

IRB Infra.&Developer Share Price

108.60 -0.45 (-0.41%) Apr 16, 18:01
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1359.70
Rail Vikas Nigam 27.70
KEC International 416.25
NCC 74.60
PNC Infratech 239.50
View more..
Sensex vs IRB Infra.&Developer
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback