Brief: Welspun Enterprises To Acquire Toll Project From An Essel Group Co
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
((Reuters.Briefs@thomsonreuters.com;))
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