IL&FS Transportation Networks to purchase 100% stake in four subsidiaries of Elsamex SA

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Capital Market
Last Updated : Dec 17 2016 | 12:01 AM IST

For consideration of Rs 140.95 crore

IL&FS Transportation Networks has entered into share purchase agreement on 15 December 2016 with Elsamex SA & its Group Companies for purchase of 100% equity stake in India viz. Elsamex Maintenance Services, Elsamex India, Yala Construction Company and Grusamar India, at an aggregate consideration of Rs 140.95 crore.

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First Published: Dec 16 2016 | 9:31 AM IST

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