Expansion19 Sept 2025, 05:11 pm
Banaras Beads Ltd Purchases Land for Future Expansion from Varanasi Development Authority
AI Summary
Banaras Beads Ltd has purchased a plot of land having an area of 1680 Sqrmt. at village kanrnadandi Varanasi for Rs. 67685731 from Varanasi Development Authority (VDA) through a BID from HDFC bank loan. The company has taken a loan of Rs.7,56,00,000 from HDFC Bank, Varanasi for five years @7.75 interest per year. The purchased land is nearby the company’s other property and shall be used for the future expansion plan of the Company.
Key Highlights
- Banaras Beads Ltd purchases land for future expansion
- Land purchased from Varanasi Development Authority for Rs. 67685731
- Loan taken from HDFC Bank, Varanasi for land and construction
- Land is nearby the company’s other property
- Land to be used for future expansion plan of the Company