Latest News | Ashoka Buildcon Acquires Stake in GVR Ashoka Chennai ORR

New Delhi, Mar 28 (PTI) Infrastructure company Ashoka Buildcon on Thursday said it has acquired a stake in GVR Ashoka Chennai ORR Ltd.

"We wish to update that Ashoka Buildcon Limited has acquired balance 4,53,60,030 equity shares of Rs 10 each fully paid-up, from GVR Infra Projects Ltd held in GVR Ashoka Chennai ORR Ltd (CORR), a subsidiary company," Ashoka Buildcon said in a regulatory filing.

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CORR has become a wholly owned subsidiary of the company following the acquisition of these shares, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)