RInfra announces the completion of sale of its WRSSS Transmission Undertakings to its two subsidiaries, a company statement said.
Earlier this month, the RInfra executed Business Transfer Agreement (BTA) for transfer of its WRSSS B & C Undertakings to its two subsidiaries as part of process of sale of the businesses to Adani Transmission Ltd.
Last year in December, RInfra had entered into Share Purchase Agreement with Adani Transmission Ltd for sale of WRSSS valuing the businesses at Rs 1,000 crore.
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