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Jat stir hits JMC Projects' toll ops in Kurukshetra Expressway

"Due to agitation/violence in the state of Haryana, tolling operation of our jointly controlled entity namely Kurukshetra Expressway Private Limited is temporarily affected started from February 19, 2016," JMC Projects said in a BSE filing.

February 23, 2016 / 10:12 PM IST
 
 
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Infrastructure firm JMC Projects today said tolling operations of Kuruskhetra Expressway has been impacted on account of the violence in Haryana. "Due to agitation/violence in the state of Haryana, tolling operation of our jointly controlled entity namely Kurukshetra Expressway Private Limited is temporarily affected started from February 19, 2016," JMC Projects said in a BSE filing. JMC is the construction arm of Kalpataru Group and has been executing all types of projects involving comprehensive construction services that include design, procurement, supply, installation, testing and commissioning, among others.

The shares of the company today closed at Rs 195 apiece on the BSE, down 0.31 percent from the previous close. Life has been affected in violence-torn Haryana with Jat protesters agitating for about a week over quota demand for the community. Industry body Assocham has said that the state has suffered a loss of around Rs 20,000 crore on account of burning and destroying of public and private property due to the Jat stir.

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