DempoShipbuildingbuys 74% in Modest InfrastructureHindu Business LineDempo Group'sshipbuildingarm DempoShipbuilding& Engineering Pvt Ltd (DSEPL) has said it has acquired a majority stake of 74 per cent in Modest Infrastructure Ltd. MIL is a player in theshipbuildingand ship repairs space in Bhavnagar, Gujarat.