Welspun executes definitive agreements with Actis Highway for sale of six road assets

Welspun Enterprises Limited has executed definitive agreements with Ac­tis Highway Infra Limited for the sale of five completed HAM projects and one operating build-operate-transfer (BOT) toll asset. The HAM assets in­clu­de Welspun Delhi Meerut Expressway Private Limited, Welspun Road In­fra Private Limited, MBL (CGRG) Road Limited, MBL (GSY) Road Limited and ChikhaliTarsod Highways Private Limited; while the BOT toll asset is We­­l­spun Infrafacility Private Limited. The divestment of 100 per cent take in the HAM projects and 49 per cent in the BOT toll project has been completed.