Punj Lloyd Sells Global Health Stake To Temasek

Punj Lloyd Sells Global Health Stake To Temasek

FPJ BureauUpdated: Saturday, June 01, 2019, 04:32 AM IST
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New Delhi: Engineering major Punj Lloyd said it has sold its entire 17.74% stake in Global Health Pvt Ltd, which owns Gurgaon-based Medanta Medicity hospital among others, to an arm of Singapore’s state-owned investment company Temasek Holdings. No financial details of the deal were, however, disclosed. Dunearn is a wholly-owned subsidiary of Temasek Holdings Pte Ltd. Shares of Punj Lloyd closed at Rs 37.75 per scrip on BSE, up 2.30% from its last close.