RPP Infra Projects incorporates co. in Myanmar under JV

RPP Infra will hold 49% in the JV. The new company is yet to commence operations.

Dec 24, 2019 09:12 IST India Infoline News Service

RPP Infra Projects has incorporated a Private Limited Company in the Name of M/s RK—RPP (JV) PRIVATE LIMITED, jointly with R.K. INFRACORP PRIVATE LIMITED in Myanmar under a joint venture for a work order.

RPP Infra will hold 49% in the JV. The new company is yet to commence operations.

RPP Infra Projects Ltd ended at Rs68.15 down by Rs1.7 or 2.43% from its previous closing of Rs69.85 on the BSE.

The scrip opened at Rs69.10 and touched a high and low of Rs72.10 and Rs68.15 respectively. A total of 2,529 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs154.13cr.


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