Toll management company MEP Toll Road today said it has initiated discussions with a clutch of private equity firms to dilute its holding by 10-15% by September this year. The divestment of stake to private equity players will be followed by listing of the company in domestic bourses towards the end of current fiscal, MEP Toll Road chairman and managing director Jayant Mahiskar told PTI. “We are already in discussion with 2-3 overseas private equity players for diluting 10-15% in the company. But, we are yet to zoom in on any. However, a deal will be signed within the second quarter of current fiscal,” Mahiskar said. He, however, declined to give further details, saying, “We have signed a non-disclosure agreement and are bound by the agreement.” […]