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Gayatri Highways Limited to acquire 51% stake in Balaji Highways Holding Private Limited Posted On: 2021-02-19 05:20:53 (Time Zone: Arizona, USA) Gayatri Highways Limited (the Company ) has proposed to acquire 51.00% of Equity Share Capital in Balaji Highways Holding Private Limited (the Target Company ) from the Existing Shareholder of the Target Company. The Existing Shareholder of Balaji Highways Holding Private Limited has agreed for sale of their 51.00% equity shareholding to Gayatri Highways Limited [51,000 fully paid up equity shares of face value of INR 10 each aggregating to INR 5,10,000]. The Target Company is engaged in the business of undertaking infrastructure Projects. Balaji Highways Holding Private Limited was incorporated with the business of undertaking infrastructure projects such as State and National Highways, Flyover, Elevated Roads, Toll Roads, Expressways, Road Over Roads (ROR), Road Over Bridges and such projects which are associated with infras

United statesHolding privateHolding private limited the target companyShareholder of the target companyHighways limitedBalaji highways holding privateTime zoneEquity share capitalBalaji highways holding private limitedExisting shareholderGayatri highways limitedTarget companyHighways holding private limitedNational highwaysElevated roadsToll roads