Maytas Infra Ltd, an EPC company in India inducts the Saudi Binladin Group (SBG) of Saudi Arabia as strategic partner to execute construction contracts in India and Saudi Arabia. According to the Maytas, SBG has executed a Shareholders Agreement on June 19 for investing 20% in the equity share capital of Maytas Infra Ltd at Rs 195.30 per share leading to an investment of around Rs 300 crores. The investment will be through a preferential allotment of equity shares by Maytas Infra. As per the SEBI regulations, SBG Group and IL&FS have to make an open offer to acquire an additional 20% from the market.