RITES Limited Confirms Liquidation of MMG - Metro Management Group

RITES Limited Confirms Liquidation of MMG - Metro Management Group

RITES Limited Confirms Liquidation of MMG - Metro Management Group​

RITES Limited has confirmed the liquidation of MMG - Metro Management Group Limited.

MMG - Metro Management Group Limited was established as a Joint Venture Company involving RITES, Delhi Metro Rail Corporation (DMRC), and the Israeli firm M/s. Poran Shrem Engineering and Appraisal Limited. RITES Limited issued the confirmation regarding the closure of the joint venture company.

RITES Stock Price Movement​

On Monday, RITES Limited shares slipped by 0.81%, settling at ₹205.2 before the close. The stock traded on substantial volume, with 587,325 shares changing hands during the session.

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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