Maytas Infra Ltd., in a recent notification to the stock exchanges informed that SBG Projects Investments Ltd which is based in Mauritius and part of the Saudi Binladin Group was allotted 15459133 shares. The value amounted to 20.8 per cent of the company equity shares. The shares were allotted at Rs. 195.30 per equity share of Rs 10 each after the company shareholders approved their induction as co-promoter of the company. SBG Projects became a co-promoter of Maytas Infra along with IL&FS.
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