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Madhucon Projects Ltd, a flagship company of the Madhucon Group, has entered into a term sheet with TRIL Roads Pvt Ltd to disinvest its subsidiaries Madhucon Infra Ltd and Madhucon Toll Highways Ltd's 74 per cent stake in Madhucon Agra-Jaipur Expressways Ltd.
Madhucon Agra-Jaipur Expressways, a step-down subsidiary of Madhucon Projects, is a National Highways Authority of India's Road Project.
TRIL is a part of the diversified Tata Group.
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