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24-May2018

GVK Power gets nod to dilute equity in subsidiary

GVK Power & Infrastructure (GVKPIL) has received an approval for dilution of equity in subsidiary/ies through a combination of various options. The Board of Directors of the company at their meeting held on May 23, 2018, approved the same.

GVKPIL is an infrastructure development company. It engages in infrastructure and urban infrastructure projects. The company provides operation and maintenance services, manpower and consultancy services, and incidental services to owners of power plants, airports and infrastructure companies.


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