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Property2 Nov 2026, 04:40 pm

Harig Crankshafts Sells Noida Property for ₹65 Cr

AI Summary

Harig Crankshafts Limited has approved and executed an Agreement to Sell (ATS) for its property located at C-49, Noida Phase-II, Noida, Gautam Buddha Nagar, Uttar Pradesh. The sale consideration is ₹65,00,00,000 (₹65 Crore). The property has a total area of 22343.10 sq. The company had previously obtained shareholder approval for this sale at an Extra-Ordinary General Meeting held on December 07, 2024. The buyer is M/s Sahu International Attire Private Limited, and they do not belong to the promoter group. The transaction is not a related party transaction. The sale is expected to be completed by December 30, 2026. The property did not contribute to the company's turnover or revenue in the last financial year.

Key Highlights

  • Company sold Noida property for ₹65 Crore.
  • Sale consideration received is ₹65,00,00,000.
  • Shareholder approval obtained on December 07, 2024.
  • Buyer is M/s Sahu International Attire Private Limited.
  • Property did not contribute to prior year's revenue.