Jayant Infratech to Acquire Jayant Infraprojects Business

Jayant Infratech Limited announced its Board of Directors has approved the acquisition of the business undertaking of M/s. Jayant Infraprojects (Association of Persons) on a slump sale basis. The target entity, incorporated in March 2016, is involved in railway electrification, electrical contract work, and civil construction. The acquisition aims to consolidate existing investments and achieve full ownership. The transaction is a Related Party Transaction, considered material and undertaken on an arm's length basis. The total lump-sum purchase consideration is ₹1256.67 Lakhs. Jayant Infratech currently holds a 30% stake and will acquire the remaining 70% business interest. The acquisition is subject to shareholder and regulatory approvals and is expected to be completed within twelve months.