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BRIEF-IRB Infra Developers approves investment by unit
March 30, 2017 / 11:16 AM / 9 months ago

BRIEF-IRB Infra Developers approves investment by unit

March 30 (Reuters) - IRB Infrastructure Developers Ltd :

* Says approved investment by its wholly owned subsidiary

* Says approved investment by unit via acquisition of 34 percent stake, making AIIPL a unit of IRB

* Says contract awarded by AIIPL to a promoter entity will be terminated post AIIPL becoming unit of IRB Source text for Eikon: Further company coverage:

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