MoneyWorks4Me

Simplex Infrastructure’s promoter raises stake to 55.52%

07 Sep 2013 Evaluate

Simplex Infrastructure’s promoter group firm, RBS Credit and Financial Development, has acquired additional 0.15% stake in the company. RBS Credit and Financial Development has bought 75,000 shares in the company. Post this transaction, RBS Credit and Financial Development has 2,74,67,233 shares or 55.52% stake in the firm.

As on June-end, the promoters holding in the company stood at 54.95% while institutions and non-institutions held 32.92% and 12.13% stake in the company, respectively.

Simplex Infrastructure enjoys a rich record of industry presence and experience, vital in the business of infrastructure development. The company has seven business segments namely, Ground Engineering, Industrial, Building & Housing, Power, Marine, Roads, Railways & Bridges, and Urban infra.

Peers
Company Name CMP
Larsen & Toubro 3669.10
Kalpataru Projects 1320.10
NCC 117.80
Rail Vikas Nigam 181.35
KEC International 334.30
View more..