Hardcastle & Waud Manufacturing Company Ltd Executes Deed of Conveyance for Sale of Property to Promoter Group Company

Hardcastle & Waud Manufacturing Company Ltd has executed a Deed of Conveyance for the sale of its immovable property, Unit No. 7B located on the 3rd floor of Sagar Estate, to Jeevdani Business Ventures Limited (JBVL), a Promoter Group Company. The sale amount is Rs 1,11,08,000. The Promoter of the Company is also a Promoter of JBVL. The transaction is at arm's length basis and does not involve any share issuance or loan agreements.