Business
September 11, 2023
3 min

IN BRIEF: Infrastructure India agrees USD10 million equity asset sale - Morningstar

Infrastructure India PLC has agreed to sell its 99.99% interest in Distribution Logistics Infrastructure Ltd and its subsidiaries to Pristine Malwa Logistics Park Private Ltd for $10 million. The sale also includes up to 33% of Pristine Malwa's issued share capital. Pristine Malwa is a subsidiary of Pristine Logistics & Infraprojects Ltd and provides multi-cargo logistics solutions in India and Nepal.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry