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Sadbhav Infrastructure Project to transfer 9% stake in subsidiary - Maharashtra Border Check Post Network

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Capital Market
Last Updated : Jan 18 2017 | 12:04 AM IST

To DTC Toll Projects

Sadbhav Infrastructure Project announced that Company along with Sadbhav Engineering (SEL) (a holding Company) has entered into a share purchase cum shareholders' cum subordinate debt agreement with, D. Thakkar Construction and DTC Toll Projects (DTC) where it has been agreed to transfer 9% of Shareholding of Maharashtra Border Check Post Network (MBCPNL) (a subsidiary Company) to DTC as against 21.805 % agreed earlier.

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First Published: Jan 17 2017 | 8:37 PM IST

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