Faced with tough business conditions, Lanco Infratech has been looking to sell some of its assets as part of efforts to pare debt.
In a regulatory filing, the company said that as part of medium and long term strategies, "discussions are in progress with some strategic/ financial investors for stake sale in road projects and Griffin Coal Mine".
"The said discussions are in preliminary stage and nothing definitive action is in process," the firm said in a regulatory filing.
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