IL&FS Transportation - Divestment of Stake in Subsidiary Company

February 11, 2016 - 11:10:00 AM

IL&FS Transportation Networks Ltd has informed BSE that the Company along with its subsidiary has sold 49% equity stake in Rapid MetroRail Gurgaon Limited, a subsidiary of the Company at a price of Rs. 17 per share for an aggregate consideration of Rs. 509.90 Crs.

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