Business Update2 Feb 2024, 01:23 am
Ashoka Buildcon Limited Sells Stake in Unison Enviro Private Limited to Mahanagar Gas Limited for Rs. 562.09 Crore
AI Summary
Ashoka Buildcon Limited has sold its 51% stake in Unison Enviro Private Limited to Mahanagar Gas Limited for Rs. 286.67 Crore, resulting in a successful acquisition for the company. The deal was closed at an equity consideration of Rs. 562.09 Crore, with the company receiving Rs. 286.67 Crore for its stake.,
Key Highlights
- Ashoka Buildcon Limited sells stake in Unison Enviro Private Limited to Mahanagar Gas Limited for Rs. 562.09 Crore
- Company receives Rs. 286.67 Crore for its 51% stake
- Transaction closed at an equity consideration of Rs. 562.09 Crore