GPT Infraprojects sells Superfine Vanijya to Dinesh Management Services
TAGS Dinesh Management ServicesGPT GroupGPT InfraprojectsIndiaKolkataSuperfine Vanijyasynthetic resins
GPT Infraprojects Limited, the flagship company of the GPT Group, said that it has divested its fully-owned subsidiary – Superfine Vanijya Private Limited to Dinesh Management Services Limited for INR 1.65 crore.
The deal is not a related party transaction, said GPT Infraprojects, which is engaged in the execution of civil and infrastructure projects.
Superfine Vanijya is a Kolkata-based manufacturer of synthetic resins.
The turnover of Superfine Vanijya as of 31 March 2021 was INR 8.39 lakhs, which is 0.01% of the consolidated income of GPT Infraprojects. The net worth of the synthetic resins manufacturer as of 31 March 2021 was INR 165 lakhs, which is 0.68% of GPT Infraprojects’ consolidated net worth.
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CATEGORIES General business news