ITNL sells additional 15% in Gujarat road project to Macquarie1 min read . Updated: 25 May 2016, 10:57 PM IST
ITNL will cease to have management control while Macquarie will hold a 56.8% stake in Gujarat Roads and Infrastructure after the latest transaction
Mumbai: IL&FS Transportation Networks Ltd (ITNL), one of the largest roads developers in the country, on Wednesday said Australia’s Macquarie Group Ltd had bought a 15% stake in its Gujarat project.
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