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NCC to get Rs400cr on sales of Sembcorp stake, other road assets

YD Murthy, Executive VP-Finance of NCC says, the money received from the stake sales will be utilised towards working capital requirements and debt reduction. This will help reduce overall debt to under Rs 2000 crore from Rs 2200 crore, he adds.
Sale of road assets to generate Rs 200-220cr: NCC

Speaking to CNBC-TV18, NCC Executive VP-Finance YD Murthy, says the company will earn Rs 200-220 crore from the asset sale.

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Western Up Tollway

NCC to get Rs400cr on sales of Sembcorp stake, other road assets

Sale of road assets to generate Rs 200-220cr: NCC