Salasar Techno Engineering, engaged in steel fabrication and infrastructure construction services has incorporated LLP namely Salasar Adorus Infra LLP on Jan. 2, 2021.
The company holds 51% shareholding in the newly incorporated firm.
The LLP incorporated by Salasar Techno Engineering (51% contribution) and Adorus Advisors (49%) will deal in all kinds of infra projects which include railways and tramways, canals and its associated infrastructure, company said.
Shares of the company gained Rs 8, or 3.27%, to settle at Rs 252.80. The total volume of shares traded was 18,763 at the BSE (Tuesday).