To the Sadbhav Group for Rs 204 crore
Hindustan Construction Company announced that HCC Concessions, wholly owned subsidiary of the Company is to sell its stake in Dhule Palesner Tollway to the Sadbhav Group, the Company's JV partner in the project, for Rs 204 crore. HCC Concessions is also expected to realize an estimated amount of Rs 24 crore from the additional claims to be made to the NHAI, towards this project. The deal is subject to receipt of necessary clearances and is expected to close shortly.Powered by Capital Market - Live News
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