Cressanda Railway Solutions Ltd to acquire 51% stake in SYN Developers Pvt Ltd

Cressanda Railway Solutions Ltd has on January 6, 2024 has entered into a share purchase agreement to acquire 51% stake in SYN Developers Private Limited, a company formed and registered under the Companies Act, 1956.

SYN Developers Private Limited is predominately an Infrastructure based company. It is currently implementing a water supply project in West Bengal under our PM Shri Narendra Modi ambitious Jal Jeevan Mission to provide clean drinking water to 2 Lakh population, across 25 villages in West Bengal. The project is spread across 68 kms and will benefit 50,000 families.

Shares of CRESSANDA RAILWAY SOLUTIONS LTD. was last trading in BSE at Rs. 26.11 as compared to the previous close of Rs. 24.50. The total number of shares traded during the day was 5696971 in over 4215 trades.

The stock hit an intraday high of Rs. 27.00 and intraday low of 24.34. The net turnover during the day was Rs. 147046930.00.

Source : Equity Bulls

Keywords

CressandaRailwaySolutions INE716D01033 Acquisition SYNDevelopers