Gayatri Highways (GHL) announced progress on selling its 49% stake in associate HKR Roadways.

Gayatri Highways LimitedGAYAHWS · Filed with the exchange

The sale, pending conditions, is expected to fetch ~INR 200 Cr, with potential ~INR 48 Cr more.

HKR contributed 0.63% (~INR 7.12 Cr) to GHL's last fiscal net profit.

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