Acquisitions16 Jul 2025, 04:16 pm
KEI Industries Acquires 45,964.92 Sqm Industrial Plot from GIDC for Future Expansion
AI Summary
KEI Industries Ltd has acquired an industrial plot admeasuring 45964.92 sqm from Gujarat Industrial Development Corporation (GIDC) located at Plot No. 832 to 836 at Sanand - Il, Industrial Estate, Ahmedabad, Gujarat for approximately ₹23.05 crore. This acquisition is intended for future expansion of the company's operations.
Key Highlights
- KEI Industries has acquired an industrial plot from GIDC in Ahmedabad, Gujarat.
- The acquired plot measures 45964.92 sqm and was purchased for approximately ₹23.05 crore.
- The plot is located at Plot No. 832 to 836 at Sanand - Il, Industrial Estate.
- The acquisition is intended for future expansion of the company's operations.
- The transaction is in compliance with Regulation 30 of SEBI LODR, 2015 and Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.