Other27 Feb 2026, 08:08 pm
India Nippon Electricals Receives Compensation of Rs. 14 Crore from Haryana State
AI Summary
India Nippon Electricals Ltd. has received a compensation amount, net of taxes, of Rs. 14,18,92,110/- (Rupees Fourteen Crore Eighteen Lakh Ninety Two Thousand One Hundred and Ten only) from the State of Haryana on February 26, 2026. This compensation pertains to the acquisition of the Company's land measuring approximately 1.8 acres situated at Dhorka Village, Haryana, which was acquired by the State of Haryana in the year 2010. The receipt of this amount is considered material in terms of Regulation 30(4) of the Listing Regulations.
Key Highlights
- India Nippon Electricals received a compensation of Rs. 14 Crore from the State of Haryana.
- The compensation is for the acquisition of 1.8 acres of land in Dhorka Village, Haryana.
- The land was acquired by the State of Haryana in 2010.
- The receipt of this amount is considered material as per Regulation 30(4) of the Listing Regulations.
- The information is also made available on the company's website.