InvestorQ : Why has Edelweiss acquired the road assets of Navayuga group?
Archita Jajjoo made post

Why has Edelweiss acquired the road assets of Navayuga group?

Answer
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Rashi Mehra answered.
4 months ago


Edelweiss Alternate Investment Fund has acquired to road assets of the Vizag based Nagayuga group. The two road assets are Navayuga Dhola Infra in Assam and Navayuga Dibang Infra in Arunachal Pradesh estimated to be at a total consideration of Rs.1125 crore. The two projects are critical because they will ensure seamless and all-weather connectivity between North East India and the rest of the country