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Ashoka GVR Mudhol Nipani Roads

Founded Year

2014

Stage

Acquired | Acquired

About Ashoka GVR Mudhol Nipani Roads

Ashoka GVR Mudhol Nipani Roads Limited engages in the construction of large projects. The Company provides construction of infrastructure such as railways, subways, and tunnels. Ashoka GVR Mudhol Nipani Roads serves customers in India. On February 5th, 2020, Ashoka GVR Mudhol Nipani Roads was acquired by Ashoka Buildcon, terms of the agreement were not disclosed.

Headquarters Location

79, Daryaganj 206 2nd Floor

Delhi, 110002,

India

Latest Ashoka GVR Mudhol Nipani Roads News

Ashoka Buildcon acquires Ashoka GVR Mudhol Nipani Roads

Feb 5, 2020

Last Updated : Feb 05, 2020 11:50 AM IST | Source: PTI Ashoka Buildcon acquires Ashoka GVR Mudhol Nipani Roads "The company has further acquired 1,60,16,100 equity shares of Ashoka GVR Mudhol Nipani Roads Limited held by GVR Infra Projects Limited. The company now holds 5,52,29,400 (99.99 percent) equity shares of Rs 10 each...," Ashoka Buildcon said in a regulatory filing. × Ashoka Buildcon Ltd on Wednesday said it has acquired additional 1.6 crore shares in its arm Ashoka GVR Mudhol Nipani Roads Ltd, following which its stake has increased to 99.99 percent. "The company has further acquired 1,60,16,100 equity shares of Ashoka GVR Mudhol Nipani Roads Limited held by GVR Infra Projects Limited. The company now holds 5,52,29,400 (99.99 percent) equity shares of Rs 10 each...," Ashoka Buildcon said in a regulatory filing. Ashoka GVR Mudhol Nipani Roads Limited (AGMNRL) is a special purpose vehicle incorporated for the execution of existing state highway project from Mudhol to Maharashtra border in Karnataka.