IL&FS Transportation Networks Limited (ITNL) has received approval for the transfer of 100 per cent equity stake in Jorabat Shillong Expressway Limited (JSEL), an SPV incorporated for the implementation of the Jorabat-Shillong (Barapani) Four Laning Highway Project (NH-40), to Sekura Roads Limited, at an enterprise value of Rs 9,169 million.
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