Acquisitions15 Dec 2025, 07:32 pm
Srei Infrastructure Finance Limited, Promoter of Bharat Road Network Ltd, to Sell 19.81% Stake to Jemtec Engineering Private Limited
AI Summary
Bharat Road Network Ltd has received an intimation from its promoter, Srei Infrastructure Finance Limited, about a Framework Agreement. The agreement is between Srei Infrastructure Finance Limited, its subsidiary Srei Equipment Finance Limited, and Jemtec Engineering Private Limited. The agreement is for the sale and transfer of 1,66,30,000 equity shares of Bharat Road Network Ltd, representing 19.81% of the total paid-up equity share capital, to Jemtec Engineering Private Limited. The sale will occur at a future date, as mutually agreed upon by the parties.
Key Highlights
- Srei Infrastructure Finance Limited, promoter of Bharat Road Network Ltd, to sell 19.81% stake to Jemtec Engineering Private Limited
- Framework Agreement between Srei Infrastructure Finance Limited, Srei Equipment Finance Limited, and Jemtec Engineering Private Limited
- 1,66,30,000 equity shares of Bharat Road Network Ltd to be sold
- Sale represents 19.81% of the total paid-up equity share capital of Bharat Road Network Ltd
- Sale to occur at a future date as mutually agreed upon by the parties