Gayatri Highways has offered to acquire a 13% stake in road construction company HKR Roadways Limited from an existing shareholder for INR 60,34,980. HKR Roadways is engaged in the business pertaining to four laning of the roads in Telangana under public private partnership (PPP) as build, operate and transfer (BOT) basis and also in collecting […]
Gayatri Highways Limited has entered into an agreement to sell a stake of up to 36.99% in HKR Roadways Limited to Kotak Special Situations Fund for INR1.71 billion ($23 million). HKR Roadways is a special purpose vehicle (SPV) incorporated for designing, construction, development, finance, operating, and maintaining of four laning of Hyderabad – Karimnagar – […]