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In December last year, Union minister for road transport and highways Nitin Gadkar had informed the Parliament that the ministry has 318 ongoing arbitration cases worth nearly Rs 80,000 crore
Re-rating of stock likely after transaction but eyes will be on new order wins, scaling up of operations
The ratings agency downgraded the company due to "sustained subdued toll collection" against large debt obligations
Sadbhav Infra contested the move and filed a petition
At 09:15 am; 13.23 million shares or 3.75% of total equity of Sadbhav Infra changed hands on BSE.