|
Category :
Corporate
Headline :
Kansai Nerolac Paint - Updates
Date:
30/04/2024 19:51
This is further to our letter dated 26th December, 2023 informing that the Company had entered into an Agreement for Sale with Aethon Developers Private Limited, subsidiary of Runwal Developers Private Limited, for the sale of the Company s land parcel at Lower Parel together with building thereon, subject to completion of procedures and approvals as may be necessary in this regard.As part of the procedure referred to above, the Company has today entered into an Agreement for sale with the Bombay Zoroastrian Jashan Committee ( BZJC ), Lessor, for purchase of revisionary rights of a land parcel at Lower Parel, of which the Company is the Lessee, subject to requisite approvals, for a consideration of Rs. 48 Crores.
|