Om Infra agrees to acquire additional stake in Bihar Logistics, Gujrat Warehousing

18 Jun 2021 Evaluate

Om Infra has agreed to acquire additional 49% shareholding of Bihar Logistics by way of acquisition of Equity Shares, thereby making it as 99% subsidiary company. The object of the said acquisition is to have majority control over the company for successful execution of project.

The company also agreed to acquire additional 24.99% shareholding of Gujrat Warehousing by way of acquisition of equity shares, thereby making it as 99% subsidiary company. The object of the said acquisition is to have majority control over the company for successful execution of the Palmpur (Gujrat) project.

The company is a conglomerate having diverse business activities and interests related to Hydro mechanical equipments, turnkey solutions for steel fabrication, Hydro power developments, Real Estate, Entertainment centers and Hotels.

Om Infra Share Price

166.35 -5.65 (-3.28%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3630.60
Rail Vikas Nigam 433.00
NCC 287.25
KEC International 1232.00
Kalpataru Projects 1275.40
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