Unitech sells power transmission business to Sterling and Wilson

Crisis-hit realty firm Unitech Ltd Tuesday said the company has sold its power transmission business to Sterling and Wilson. Unitech Power Transmission is engaged in the business of manufacturing and installation of power transmission lines. In a regulatory filing, Unitech said it has entered

BY admin
Published - Mar 28, 2019 5:14 AM

Share It

Crisis-hit realty firm Unitech Ltd Tuesday said the company has sold its power transmission business to Sterling and Wilson. Unitech Power Transmission is engaged in the business of manufacturing and installation of power transmission lines. In a regulatory filing, Unitech said it has entered into a share purchase agreement with Sterling and Wilson Pvt Ltd to sell entire issued and paid-up share capital of Unitech Power Transmission Ltd. The company, however, did not disclose the deal value.

Share It

Tags : ALLIED

Related Story

Kajaria Ceramics Forms Subsidiary JV In UAE BY Realty Plus

Building Bricks India Sets Up Automatic Robotic Brick-Making Plant BY Realty Plus

NHIDCL Signs MoU with NIT Manipur for Innovation in Highway Const BY Realty Plus

abcd BY Realty Plus

Simpliforge Launches India’s First Robotic Concrete 3D Printer BY Realty Plus

Top News

Nigeria Shows Widening Transparency Gap in Real Estate BY Realty Plus

Singapore Private Home Rents Set To Climb By 10-15% BY Realty Plus

Your-space Launches India's First-of-its-kind "YS Clubhouse" in Student Housing BY Realty Plus

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of digital.
Copyright © 2019 Adsert Web Solutions Pvt Ltd