
Sale10 Feb 2026, 06:12 pm
Krishanveer Forge Ltd. Approves Land Sale to Hydrolines (Bangalore) Private Limited
AI Summary
The Board of Directors of Krishanveer Forge Ltd. has accorded its consent for the sale of a portion of land out of Plot No. 103, 104 and 105, Gat No. 357, Kharabwadi, Chakan, Pune, Maharashtra, to Hydrolines (Bangalore) Private Limited. The land, approximately 2401.99 Sq. Mtrs., will facilitate Hydrolines' access to the nearby Talegaon Chakan road. The agreement grants Hydrolines certain rights, including the option to purchase the land at an offer price after adjusting the consideration amount already paid, and the right to erect a gate at the entrance point for security purposes.
Key Highlights
- Krishanveer Forge Ltd. approves land sale to Hydrolines (Bangalore) Private Limited.
- The land, approximately 2401.99 Sq. Mtrs., is situated at Village Kharabwadi Taluka Khed District Pune.
- Hydrolines gets an option to purchase the land at an offer price after adjusting consideration amount already paid.
- Hydrolines is allowed to erect a gate at the entrance point for security purposes.
- The agreement grants Hydrolines certain rights, including the option to purchase the land at an offer price after adjusting the consideration amount already paid.