Gayatri Highways completes acquisition of over 12 lakh CRPS of HKR Roadways

The CRPS of the face value of Rs1,000/- each aggregate to the amount of above Rs120cr.

Jun 23, 2021 11:06 IST India Infoline News Service

Gayatri Projects
Gayatri Highways Limited has successfully completed the acquisition of 12,00,217 Cumulative Redeemable: Preference Shares (CRPS) of the HKR Roadways Limited on June 21, 2021.

The company on May 1, 2021, had informed about the proposed acquisition of 12,00,217 CRPS of the face value of Rs1,000/- each aggregating to above Rs120cr in HKR Roadways Limited.

At around 11.31 am, Gayatri Highways Limited was trading at Rs0.88 per piece up Rs0.04 or 4.76% on the BSE.

Related Story

Open Free Demat Account (Rs699)