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SALEM TOLLWAYS LTD
IVRCL soars 20% on selling entire stake in 2 armsThe Hyderabad-based company had invested Rs 178.18 crore in STL and Rs 93.85 crore in KTL as on March 31, 2017.- IVRCL to sell 2 road assets for Rs 725 crThe ailing infrastructure firm has entered into share purchase agreements with Cube Highways to sell entire stake in Salem Tollways and Kum...
- Tata’s PE fund to buy out Actis from its road JV with TatasWith TOF, TRIL Roads is in negotiations to buy the 3 road projects of IVRCL-Salem Tollways, Kumarapalayam Tollways and Changapally-Wallayar...
- IVRCL plans to sell three road projects to Tata Realty to retire debtWhile GMR and GVK, pulled out of large projects, IVRCL had decided to stay away from BOT (build, operate and transfer) road assets.
- IVRCL denies links to road expert's suspicious death, stock plunges to year's lowReacting sharply to the media reports, the IVRCL stock on BSE plunged to year's lowest price of Rs 31.80 before closing at Rs 33.
- IRB Infra acquires MVR Tollways for Rs 130 croreIRB Infrastructure said it acquired 100 percent stake in road BOT firm MVR Infrastructure and Tollways in Tamil Nadu for about Rs 130 crore.
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