RITES Board Approves Investment In JV Company
2018-09-25 Investments and Borrowings Transportation Services Northern India
Rites Limited (Company) has a joint venture company i.e. BNV Gujarat Rail Private Limited. Board of RlTES Limited in its meeting had approved investment upto Rs. 65 Crore in the equity shares of the joint venture company to acquire its 26% stake. First tranche of investment of Rs. 1,30,000/- was made in the joint venture Company on 20‘th February 2017.