NCC sells Western UP Tollway to Cube Highways

Leading construction company, NCC Limited has said that it has collaborated with Gayatri Projects Limited (GPL) and its Subsidiary Gayatri Infra Ventures Limited (GIVL) to execute an agreement to sell their 100 per cent shareholding in Western UP Tollway Limited. “NCC Limited along with Gayatri Projects Limited (GPL) and its Subsidiary Gayatri Infra Ventures Limited (GIVL) executed a definitive agreement to sell their 100 per cent shareholding in Western UP Tollway Limited to Cube Highways and Infrastructure PTE Limited,” the company informed in a filing to the Bombay Stock Exchange. NCC limited contributes to India’s progress through landmark infrastructure projects which demonstrate far-reaching impact beyond the realm of construction. Meanwhile, shares of the company were trading at Rs 61.75 apiece, down 1.20 per cent from the previous close at 14:02 hours on BSE.