SREI to merge its associate Quippo Infra with itself

Srei Infrastructure Finance Ltd, a non-banking finance company (NBFC), is merging itself with Quippo Infrastructure Equipment Ltd.

Quippo's business activity involves, construction equipment rental, energy rental, oil an gas equipment rental and telecom tower infrastructure rentals. After the merger, all the subsidiaries will come under the Srei banner.

So, it will become an Infra Finance and Infra-Equipment Rental company.