The remaining 50% of the equity shares will continue to be held by the government of Rajasthan
In the past three months, the stock of Adani Transmission zoomed 113 per cent as against a 5 per cent rise in the S&P BSE Sensex
The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure
The sale of immovable assets is under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002
NAVs of these schemes slip between 0.4% and 2%
The statement added that Sekura will acquire two under-construction assets
Sekura is promoted by Edelweiss Infrastructure Yield Plus Fund and focuses solely on the power sector
The project will revolutionise the electric vehicle industry in the country
EIL will also invest in CSR to develop skill-sets among youth by opening training centres