Deals3 Feb 2025, 09:10 pm
Fermenta Biotech Ltd Executes Deed of Assignment for Leased Premises in Gujarat
AI Summary
Fermenta Biotech Ltd has executed a Deed of Assignment on February 3, 2025, for the transfer of lease and related rights of the Company over leased premises situated at Saykha Industrial Estate, Gujarat. The transfer is subject to final approval from the Gujarat Industrial Development Corporation. The leased premises measure 40,000 square meters and the consideration for the transfer is Rs. 18,70,00,000/- (Rupees Eighteen Crore Seventy Lakhs Only).
Key Highlights
- Execution of Deed of Assignment for leased premises in Gujarat
- Transfer of lease and related rights for a consideration of Rs. 18,70,00,000/-
- Subject to final approval of Gujarat Industrial Development Corporation
- Leased premises measure 40,000 square meters
- No related party transaction involved