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Ramky Infrastructure in talks to raise Rs 900 crore from assets sale
Feb 28, 2014
HYDERABAD/MUMBAI: Hyderabad-based infrastructure company Ramky InfrastructureBSE 4.89 % is in negotiations with private equity fund Morgan Stanley Infrastructure Partners and structured investment group of the Ajay Piramal group to sell three of its road assets to raise funds and cut debts. The company plans to raise Rs 900 crore from the sale of assets. These assets include Ramky Elsamex, Sehore Kosmi Tollways and NAM Expressway. The infrastructure company has appointed ICICIBSE 0.13 % Securiti

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