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.
Company Name | CMP |
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Larsen & Toubro | 3630.60 |
Rail Vikas Nigam | 433.00 |
NCC | 287.25 |
KEC International | 1232.00 |
Kalpataru Projects | 1275.40 |
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