MEP Infrastructure Developers Ltd mandated for Dry Port project in Congo

MEP Infrastructure Developers Limited (MEPIDL) has been mandated by Yellowstone DRC SARL (YDS) to manage the funding, design, development, construction, operation and maintenance and management of the Dry Port at Democratic Republic of Congo (DRC).

Further the Company is initiating the discussions, meetings in this regard. The definitive agreement will be finalized between the parties upon satisfactory completion of due diligence by MEPIDL and attainment of other requirements as mutually agreed upon and only after requisite approvals, if any.

Shares of MEP Infrastructure Developers Limited was last trading in BSE at Rs. 19.95 as compared to the previous close of Rs. 20.30. The total number of shares traded during the day was 723576 in over 1011 trades.

The stock hit an intraday high of Rs. 21.30 and intraday low of 19.80. The net turnover during the day was Rs. 15222416.00.

Source : Equity Bulls

Keywords

MEPInfrastructureDevelopers INE776I01010 DryPort Congo OrderWin