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Mergers & Acquisitions | 12 November 2012

GPT Infra To Sell Wind Power Biz

by Charmi Gutka
 
@charmi

@GPT_Infraprojects Limited is planning to sell, transfer or otherwise dispose off its wind power business. It has two Wind Turbine Generator based power plants each having 1.25 M.W. capacity both located in Tamilnadu. GPT Infra has received the board approval for the same.


GPT Infraprojects Limited (GPTIL), the flagship company of GPT Group was incorporated in 1980. The company operates primarily in two division – the Sleeper Division and the Infrastructure Division.

Orchid Chemicals Set To Exit Chinese JV With NCPC

Orchid Chemicals and Pharmaceuticals Limited is on course to sell off its holding to its partner in the JV with China’s North China Pharmaceutical Corporation (NCPC).

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Atishay Infotech To Go Public Through SME Platform

Mumbai based Atishay Infotech Limited has filed DRHP on BSE SME platform for the issue of 2.3 Mn equity shares at a price of INR 16 per unit aggregating to INR 37.1 Cr. The issue constitutes 26.41% of the paid up equity share capital of the company.

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