In a strategic move, a subsidiary of OM Infra Ltd has sold its equity shares in Ultrawave Projects. This transaction aligns with OM Infra's broader strategy to optimize its portfolio and focus on core business segments. The company, known for its significant presence in infrastructure projects, continues to strengthen its financial position by streamlining investments. The sale is expected to enhance liquidity and support future growth initiatives, particularly in sectors like water infrastructure, where OM Infra has recently secured substantial projects. This move underscores the company's commitment to maximizing shareholder value and expanding its market presence.
Source: Financial News Reports, Market Updates