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MEP Infra: MEP Infra seeks shareholder nod to rope in new investor

Managing director Jayant Mhaiskar said the company will issue shares to Nagpur-based Ashmi Road Carriers (ARCPL) after approval from shareholders. "We have done our checks with regard to PPIRP and we qualify for the same. Separately, we are also talking to banks to restructure our loans in our operating company, MEP Infrastructure Private Limited (MIPL) by infusing ₹125 crore," he said. ....

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MEP Infra and 3 other stocks cross above their 200 DMA

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. ....

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MEP Infrastructure Developers gains 7% on bagging EPC project

The subsidiary company has entered into agreement with Yellowstone DRC SARL, a private company incorporated in DRC. ....

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hdfc: HDFC to hold auction of two hotels after Prudent ARC makes binding offer

Prudent ARC s binding offer of ₹311 crore has triggered a Swiss challenge auction for the hotel properties with total loans of ₹507 crore. Prudent s offer equates to a recovery of 61% for the housing finance company. HDFC has invited counteroffers from other asset reconstruction companies (ARCs) by June 26, a notice issued by the housing finance company stated. ....

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MEP Infrastructure Developers update on NHAI road project in Maharashtra

MEP Infrastructure Developers update on NHAI road project in Maharashtra
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