Harig Crankshafts Sells Noida Property for ₹65 Cr

Harig Crankshafts Ltd announced that its Board of Directors has approved and executed an agreement to sell its property located at C-49, Noida Phase-II, Noida, Gautam Budh Nagar, Uttar Pradesh. The sale consideration for the property, with a total area of 22343.10 sq ft, is ₹65,00,00,000/- (Rupees Sixty Five Crore Only). The company had previously obtained shareholder approval for this sale at an Extra-Ordinary General Meeting on December 07, 2024. The buyer is M/s Sahu International Attire Private Limited, and the transaction is not with a promoter or related party. The sale is expected to be completed by December 30, 2026. The property contributed no turnover or revenue in the last financial year.