Acquisitions17 Feb 2025, 05:07 pm
Bigbloc Construction Subsidiary Acquires Land for AAC Blocks Business Expansion in Central India
AI Summary
Bigbloc Construction Ltd. has announced that its subsidiary, Starbigbloc Building Material Limited, has purchased a land parcel at Khasra No. 382, 387, 389/2, Gram Nimrani, Tehsil Kasrawad, District — Khargone, Madhya Pradesh, admeasuring approximately 57500 sq. mts. The land has been acquired for the purpose of expanding the AAC Blocks business in central India. The total consideration for the land is Rs. 6 Crores, including stamp duty.
Key Highlights
- Bigbloc Construction Ltd.'s subsidiary, Starbigbloc Building Material Limited, has acquired land for AAC Blocks business expansion in central India.
- The acquired land is located at Khasra No. 382, 387, 389/2, Gram Nimrani, Tehsil Kasrawad, District — Khargone, Madhya Pradesh.
- The land parcel measures approximately 57500 sq. mts.
- The total consideration for the land is Rs. 6 Crores, including stamp duty.
- This acquisition is aimed at strengthening the company's presence in central India.