Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.
Madhucon Projects informed stock exchanges that it has entered into an agreement to sell 74 per cent stake in the project to Tata Realty and Infrastructure for an undisclosed amount.
Tata Realty buys Expressway
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