Home » Madhucon sells Agra-Jaipur expressway project for Rs.248 cr

Madhucon sells Agra-Jaipur expressway project for Rs.248 cr

Madhucon sells Agra-Jaipur expressway project for Rs.248 cr
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Hyderabad-based infra player Madhucon Projects has sold its 100 per cent stake in Madhucon Agra- Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for Rs.248 crore. The company said the transaction is subject to closing adjustments and regulatory approvals and includes operational grants for the entire major maintenance period.

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