GMR Infra unit to buy 51% stake in Kakinada SEZ; stock up
GMR Infrastructure’s unit GMR SEZ & Port Holdings has entered into a share subscription agreement to pick up 51 per cent stake in Kakinada SEZ.
By ET Bureau |
MUMBAI: GMR Infrastructure’s unit GMR SEZ & Port Holdings has entered into a share subscription agreement to pick up 51 per cent stake in Kakinada SEZ.
The Kakinada SEZ is in the business of developing port-based multi product Special Economic Zone at Andhra Pradesh.
The stock was at Rs 45.20, up 1.23 per cent or Rs 0.55 on the BSE. It touched a high of Rs 45.75 and low of Rs 44.90. Around 1.81 lakh shares were traded in the counter.
The Kakinada SEZ is in the business of developing port-based multi product Special Economic Zone at Andhra Pradesh.
The stock was at Rs 45.20, up 1.23 per cent or Rs 0.55 on the BSE. It touched a high of Rs 45.75 and low of Rs 44.90. Around 1.81 lakh shares were traded in the counter.
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