Patel Engineering to Sell Entire Stake in ACP Tollways

Patel Engineering Ltd has approved the sale of its entire stake in ACP Tollways Pvt Ltd, an associate company. The transaction involves the sale of 84,95,040 equity shares with a face value of ₹100 each. The agreed consideration for the sale is ₹55 crore. Completion is expected before March 31, 2027, subject to lender approvals. As of March 31, 2025, ACP Tollways contributed nil turnover, ₹38.76 crore net worth (1.02% of consolidated net worth), and ₹18.84 crore profit (7.78% of consolidated net profit) to Patel Engineering.