Brief: Welspun Enterprises Buys 49 Pct Stake In A Four Laning Project From Vishvaraj Group

Welspun Enterprises

30/01/2018 13:24

Jan 30 (Reuters) - Welspun Enterprises Ltd  WELS.NS : 
    * HAS OPTION TO ACQUIRE REMAINING 51 PERCENT STAKE AS AND 
WHEN 
REGULATOR (NHAI) PERMITS AT A FIXED CONSIDERATION OF 86.7 
MILLION RUPEES 
    * BUYS 49 PERCENT STAKE IN FOUR LANING PROJECT OF A SECTION 
OF 
NH-6 FROM VISHVARAJ GROUP FOR 83.3 MILLION RUPEES 
 
Source text: http://bit.ly/2rPHfXr 
Further company coverage:  WELS.NS  
 
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