Kovilpatti Lakshmi Roller Flour Mills Ltd Plans to Acquire Land in Puducherry for Rs. 4 Crores

Kovilpatti Lakshmi Roller Flour Mills Ltd has announced its intention to acquire vacant land admeasuring 2.72 acres in Puducherry from unrelated third-party sellers for a cash consideration not exceeding Rs. 4 crores. The land will be used for commercial purposes of the Company. The acquisition is expected to be completed by 31st March, 2026. The acquisition does not require any Governmental or regulatory approvals and does not fall under related party transaction(s). The Company has no immediate proposal to carry out any activities in the vacant land and there is no immediate impact on the existing business operations. However, in case of any material developments, the Company will intimate the same to the Stock Exchange promptly.