Welspun Enterprises has completed the transaction for sale of balance 13% stake in Dewas Bhopal Road Corridor (DBCL)with India Infrastructure Fund - II and has received consideration of Rs 57.7 crore. With this, the company has divested its 50% stake in DBCL for a total consideration of Rs 184.1 crore as against its fund infusion of Rs 85.4 crore implying a multiple of 2.15x.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
