Deals18 Dec 2025, 03:24 pm
Alfred Herbert India Ltd Enters Definitive Agreement with WAN HAI LINES (INDIA) LIMITED for Sale of Property
AI Summary
Alfred Herbert India Ltd has entered into a definitive registered deed of conveyance for the sale of the third floor of its property situated at 13/3, Strand Road, Kolkata-700 001. The agreement is with M/s. WAN HAI LINES (INDIA) LIMITED. The Company has special rights like the right to appoint Directors, first right to share subscription in case of issuance of shares, and the right to restrict any change in capital structure. The transaction does not fall under related party transaction and there is no potential conflict of interest. The agreement does not involve any issuance of shares to the parties.
Key Highlights
- Alfred Herbert India Ltd has entered into a definitive agreement with WAN HAI LINES (INDIA) LIMITED
- The agreement is for the sale of the third floor of Alfred Herbert India Ltd's property in Kolkata
- The Company has special rights like the right to appoint Directors, first right to share subscription in case of issuance of shares, and the right to restrict any change in capital structure
- The transaction does not fall under related party transaction and there is no potential conflict of interest
- The agreement does not involve any issuance of shares to the parties