Acquisition/Divestment Of Equity Stake In Special Purpose Vehicles
We wish to inform that Ramky Infrastructure Limited has signed definitive agreements on 16 August 2018 with IL&FS; Transportation Networks Limited (ITNL) for (i) Acquisition of 11,67,50,000 Equity shares of Rs. 10 each representing 50% held by ITNL in NAM Expressway Limited which will become our wholly owned subsidiary and (ii) Sale of 4,20,00,000 Equity shares of Rs. 10 each representing 50% held in Jorabat Shillong Expressway Limited (JSEL) to ITNL...17-08-2018