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Ajmera Realty & Infra India acquires 100% stake in ABL

09 Dec 2011 Evaluate

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.

Ajmera Realty&Infra Share Price

125.77 3.34 (2.73%)
16-Apr-2026 09:29 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.25
Dilip Buildcon 459.00
DLF 594.80
Oberoi Realty 1720.40
Ahluwalia Contract(I 827.80
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