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  2. Share Prices
  3. Infra.india Share Price
  4. Infra.india Share News
  5. IN BRIEF: Infrastructure India agrees USD10 million equity asset sale

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IN BRIEF: Infrastructure India agrees USD10 million equity asset sale

Wed, 06th Sep 2023 20:34

Infrastructure India PLC - infrastructure fund investing directly into assets in India - Agrees conditional USD10 million sale of its 99.99% interest in Distribution Logistics Infrastructure Ltd and its subsidiaries to Pristine Malwa Logistics Park Private Ltd, a wholly-owned subsidiary of Pristine Logistics & Infraprojects Ltd. Consideration also includes up to 33% of Pristine Malwa's issued share capital. The Pristine Group provides end-to-end multi cargo logistics solutions, and services including port handling, road and rail transport, warehousing, shipping, stevedoring, customs handling, and integrated logistics in India and Nepal.

Current stock price: 0.93 pence, multiplied on Wednesday

12-month change: More than doubled

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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