Bharat Road Network Ltd (BRNL) is planning to sell its 39 per cent stake in road project company Ghaziabad Aligarh Expressway Private Ltd (GAEPL). To this end, BRNL has reportedly entered into a share purchase agreement with Cube Highways and Infrastructure Pte Ltd, Singapore-based investment firm specialising in infrastructure sector. The deal expected to result in a net income of about Rs 150 crore for BRNL. The enterprise valuation for GAEPL is Rs 1,830 crore based on valuation in December 2018 as per reports. BRNL will also be able to pare about Rs 600 crore debt burden, which had increased to Rs 1,400 crore, accumulated out of its investment in various companies.