India: Ashoka Buildcon to pick 8.51% in Jaora-Nayagaon Toll Road for $5m

India: Ashoka Buildcon to pick 8.51% in Jaora-Nayagaon Toll Road for $5m

Roads developer Ashoka Buildcon Ltd said on Monday that it has entered into a share purchase agreement with peer PNC Infratech Ltd to purchase 8.51% stake in Jaora-Nayagaon Toll Road Co. Pvt. Ltd (JTCL) for about Rs.34.19 crore.

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