Further, the company is likely to get around Rs 20 crore as deferred consideration, contingent on obtaining approval for extension of concession agreement from MPRDC. This could potentially increase the Enterprise Value to Rs 687.50 crore with resultant consideration for Welspun Enterprises at Rs 204.10 crore.
Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.