Sale27 Aug 2026, 04:03 pm
Indoco Remedies Sells Mumbai Land Plot for ₹64 Cr
AI Summary
Indoco Remedies Ltd has executed a Deed of Conveyance for the sale of its plot of land located in Mahal Industrial Estate, Mumbai Suburban District. The land measures approximately 2,876.08 square meters built-up area and was sold for a total consideration of ₹64,00,00,000/-. The company stated that this sale will not impact its business operations and does not constitute a significant portion of its undertaking under the Companies Act, 2013. The buyer is Kalpataru Townships Private Limited. This transaction is classified as a sale of property.
Key Highlights
- Indoco Remedies sold a plot of land for ₹64 crore.
- The sale involves approximately 2,876.08 sq meters of built-up area.
- The transaction will not affect business operations.
- The buyer is Kalpataru Townships Private Limited.
- This is classified as a property sale.
Price Impact
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