News for 'Megnasolace City Pvt Ltd'

Mumbai IT SEZ developers to raise Rs 1,000 cr

Mumbai IT SEZ developers to raise Rs 1,000 cr

Rediff.com20 Oct 2009

Sources familiar with the project said the SPV's promoters were looking at raising the additional capital to acquire up to 250 acres at Thane to complete the first phase of the SEZ project, for which IL&FS is an advisor. Inox Infrastructure Private Limited, a wholly-owned subsidiary of Gujarat Fluorochemicals Ltd, holds 50 per cent stake in Megnasolace.