Brief: Welspun Enterprises To Acquire Toll Project From An Essel Group Co

Welspun Enterprises

07/05/2020 06:02

May 7 (Reuters) - Welspun Enterprises Ltd  WELS.NS :
    * PLANS TO ACQUIRE BUILD-OPERATE-TRANSFER (BOT) TOLL PROJECT
FROM
AN ESSEL GROUP CO
    * ACQUISITION VIA UNIT WELSPUN INFRAFACILITY PRIVATE LIMITED
    * 15.93 BILLION RUPEES IS BALANCE OF TOTAL PROHECT COST TO
BE
INCURRED, TO COMPLETE PROJECT
    * EXPECTS TO COMPLETE PROJECT BY JUNE 2021

Source text for Eikon:  ID:nBSE2nVXhj 
Further company coverage:  WELS.NS 

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