Acquisitions4 Nov 2025, 03:49 pm
Gujarat Poly Electronics Ltd. Approves Acquisition of Leasehold Rights for INR 3.65 Crores
AI Summary
Gujarat Poly Electronics Ltd. has announced the acquisition of leasehold rights of land along with a factory/building situated at Gandhinagar Electronic Estate, Gujarat. The total area of the land and building is approximately 800 square meters. The company will execute the deed of assignment and other related agreements once they receive the Provisional Transfer Order from Gujarat Industrial Development Corporation (GIDC). The total cost of the acquisition is INR 3.65 crores, exclusive of stamp duty, registration fees, GIDC transfer fees, and other related expenses.
Key Highlights
- Gujarat Poly Electronics Ltd. has approved the acquisition of leasehold rights for a land and factory/building in Gandhinagar Electronic Estate, Gujarat.
- The total area of the land and building is approximately 800 square meters.
- The cost of the acquisition is INR 3.65 crores, exclusive of related expenses.
- The company will execute the deed of assignment and other related agreements upon receiving the Provisional Transfer Order from GIDC.