Ajmera Realty & Infra India acquires 100% stake in ABL

09 Dec 2011

Ajmera Realty & Infra India has acquired 100% stake in Ajmera Biofuel (ABL) subject to such approvals, consent, sanctions and permissions as may be required.

Further, ABL has entered into a joint venture with Comet Power, an associate company of Videocon Group, wherein ABL shall hold 49% stake and rest 51% shall vests with Videocon Group. The said joint venture company has commenced operation for 5.75 MW solar power project at Rajasthan.

The Ajmera Group has established itself as one of India’s leading construction houses, having been in the business of real estate for the past 40 years. Quality, reliability, innovative construction technology, excellence, comfort, luxury, aesthetic appeal and maximum value for your money are few attributes that distinguish Ajmera Group from the rest.

Related Ajmera Realty & Infra India Ltd. Links:

Ajmera Realty&Infra Share Price

117.15 3.65 (3.22%) May 07, 18:03
1 Year Price Chart
Company Name CMP
Dilip Buildcon 530.80
NBCC (India) 44.00
Sobha 466.55
JMC Projects (India) 93.60
Prestige Estate Proj 272.00
View more..
Sensex vs Ajmera Realty&Infra
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323