IndiGrid to acquire 100% stake in Khargone Transmission for Rs 1497 crore ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 45
India Grid Trust (IndiGrid) will acquire a 100 per equity stake in Khargone Transmission at an enterprise value of about Rs 1,497.5 crore. The acquisition will be for a cash consideration of an enterprise value not exceeding Rs 1,497. 5 crore, according to a BSE filing. IndiGrid signed a share purchase agreement on January 21, 2023, for the acquisition of a 100 per cent shareholding and economic interest, in one or more tranches, in Khargone Transmission Ltd from Sterlite Power Transmission Ltd (one of the Sponsor of IndiGrid), it stated. The completion of the acquisition would depend upon receipt of Unitholders'' consent, regulatory and other relevant approvals as well as completion of cont

Hence then, the article about indigrid to acquire 100 stake in khargone transmission for rs 1497 crore was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( IndiGrid to acquire 100% stake in Khargone Transmission for Rs 1497 crore )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
AttivoERP Emerges as a Unified Force in Full-Service ERP -- Covering Every Stage of the Business Journey
PR Newswire - before 9 hours
e& annonce la cession de sa participation dans Vodafone pour un montant de 5,95 milliards USD
PR Newswire - before 7 hours & 10 minute
China Tightens Its Grip on Namibia's Next Energy Boom
OILPRICE - before 11 hour & 53 minute
Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare
OILPRICE - before 7 hours & 31 minute
Aberdeen Multi-Market Income Fund (MMT) Announces 22% Increase in Monthly Distribution and Adoption of a Managed Distribution Policy
PR Newswire - before 8 hours & 10 minute
HealthTree Foundation Announces the Appointment of Lisa Gray to Its Board of Directors
PR Newswire - before 7 hours & 58 minute
Unilumin erhält die EcoVadis-Silbermedaille und zählt damit gemessen an der Nachhaltigkeitsleistung zu den besten 6 % der Unternehmen weltweit
PR Newswire - before 3 hours & 49 minute
/C O R R E C T I O N -- RTX/
PR Newswire - before 11 hour & 34 minute
Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Action
PR Newswire - before 7 hours & 34 minute
Apple Is Suing OpenAI for Allegedly Stealing Hardware Secrets
WIRED - before 7 hours & 43 minute
SCORE Welcomes Four New Board Members to Advance Small Business Success
PR Newswire - before 9 hours & 29 minute
Spoločnosť DJI testuje drony na najvyššom vrchole sveta, čím zdokonaľuje kritické aplikácie pre doručovanie vo vysokých nadmorských výškach, mapovanie a výskum klímy
PR Newswire - before 11 hour & 11 minute


Latest News

PrimeBOT Brings Personal Robotics to the UN's AI for Good Summit in Geneva

before hour & 47 minute

OpenAI’s Head of Safety Is Leaving the Company

before 3 hours & 19 minute

EU targets Meta over ‘addictive’ Facebook and Instagram design

before 3 hours & 45 minute

Unilumin erhält die EcoVadis-Silbermedaille und zählt damit gemessen an der Nachhaltigkeitsleistung zu den besten 6 % der Unternehmen weltweit

before 3 hours & 49 minute

West Africa: BRVM Sees Notable Upward Moves - Ecobank Transnational Inc Leads With +36.17 Percent Gain

before 5 hours & 2 minute

Microsoft Reports a Massive 25 Percent Jump in Emissions

before 5 hours & 10 minute

Calls grow for government to increase universal credit for 66-year-olds

before 5 hours & 25 minute

Europe’s Nuclear Plants Can’t Beat the Heat

before 5 hours & 33 minute

e& annonce la cession de sa participation dans Vodafone pour un montant de 5,95 milliards USD

before 7 hours & 10 minute

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

before 7 hours & 31 minute

Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Action

before 7 hours & 34 minute

Apple Is Suing OpenAI for Allegedly Stealing Hardware Secrets

before 7 hours & 43 minute

HealthTree Foundation Announces the Appointment of Lisa Gray to Its Board of Directors

before 7 hours & 58 minute

Aberdeen Multi-Market Income Fund (MMT) Announces 22% Increase in Monthly Distribution and Adoption of a Managed Distribution Policy

before 8 hours & 10 minute

/C O R R E C T I O N -- Innovative Solutions/

before 8 hours & 59 minute