
Sale30 March 2026 at 07:27 am
Nexxus Petro Industries Ltd Approves Sale of Land Parcel in Pali, Rajasthan for ₹17,171,000
AI Summary
Nexxus Petro Industries Limited has approved the sale of a land parcel admeasuring 3.99 acres in Pali, Rajasthan for ₹17,171,000. The sale is not expected to impact the company's operations and does not constitute a substantial part of the company's undertaking. The purchaser does not belong to the promoter or promoter group. The land parcel, which was not operational and not envisaged to be utilized, is being sold to monetize a non-core, non-performing asset.
Key Highlights
- Nexxus Petro Industries Limited has approved the sale of a land parcel in Pali, Rajasthan for ₹17,171,000.
- The sale is not expected to impact the company's operations.
- The purchaser does not belong to the promoter or promoter group.
- The land parcel is being sold to monetize a non-core, non-performing asset.
- The sale does not constitute a substantial part of the company's undertaking.
NEXXUSPetrochemicals
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