Deals11 Jun 2026, 01:53 pm
Galaxy Bearings Ltd Pays ₹25 Lakh Further Advance for Land Purchase
AI Summary
Galaxy Bearings Ltd has made a further advance payment of ₹25,00,000 towards the proposed purchase of agricultural land in Rajkot, Gujarat. This brings the total advance paid to ₹3,76,00,000. The transaction is subject to due diligence, finalization of terms, and regulatory approvals. No sale deed has been executed yet, and the company will provide further updates.
Key Highlights
- Further advance of ₹25 Lakh paid for land acquisition.
- Total advance payment now stands at ₹3.76 Crore.
- Transaction is subject to due diligence and approvals.
- No sale deed executed as of June 11, 2026.
Price Impact
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