sadbhav engineering ltd
Transactions by SADBHAV ENGINEERING LTD (SADE) in the last 6 months
Sadbhav Engineering, Ltd. (BSE:532710) agreed to acquire unknown minority stake in Dhule Palesner Tollway Pvt Ltd from HCC Concessions Limited for INR 240 million on April 16, 2015. The deal is subject to receipt of necessary clearances. The deal is expected to close shortly.
Gammon Infrastructure Projects Limited (BSE:532959) agreed to acquire additional 20% stake in Mumbai Nasik Expressway Limited from Sadbhav Engineering, Ltd. (BSE:532710) for INR 720 million on January 27, 2015. Under the deal, 10.4 million shares of Mumbai Nasik Expressway will be acquired. The transaction is subject to requisite approvals. An authorized committee of the Board of Directors of Gammon Infrastructure Projects has approved the transaction.
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