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Ganesh Infraworld adverse business impact announcements

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21:47 IST NSE
Adverse Business ImpactGanesh Infraworld Ltd GANESHIN

Ganesh Infraworld Adverse Business Impact

Ganesh Infraworld Limited announced the termination of its direct involvement in the remaining ₹568.41 Crore portion of a mining contract with Kandoi Transport Limited. Following the acquisition of a 60% stake in Kandoi, the unexecuted work will be handled directly by the new subsidiary to streamline operations. The company had executed ₹139.59 Crore of the original ₹708 Crore order.

Value
₹568.4 Cr
Execution
24 months