Gayatri Highways to sell stake in HKR Roadways to Kotak Special Situations

Gayatri Highways to sell stake in HKR Roadways to Kotak Special Situations

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 – […]