New Launch21 Aug 2025, 06:52 pm
Innova Captab Ltd. to Purchase Land Property in Himachal Pradesh for Business Expansion
AI Summary
Innova Captab Ltd. has entered into a purchase agreement dated 21st August, 2025 for purchasing a land property admeasuring approximately 20 Bighas 16 Biswas situated at Village-Kunjahal, Pargana-Dharampur, Tehsil-Baddi, District-Solan, Himachal Pradesh. The land is being purchased for a total consideration of Rupees Nineteen Crore Fifty Lakhs Only (INR 19,50,00,000) to support future development initiatives and to utilize for the Company’s future expansion. The transaction does not fall within the purview of related party transactions.
Key Highlights
- Innova Captab Ltd. to purchase land property in Himachal Pradesh
- Land property admeasuring approximately 20 Bighas 16 Biswas
- Total consideration of Rupees Nineteen Crore Fifty Lakhs Only (INR 19,50,00,000)
- Purchase for future development initiatives and expansion
- Not a related party transaction