Sale2 Jan 2026, 07:21 pm
Laxmipati Engineering Works Ltd Sells Leasehold Land for Rs. 456,000,000 to Technip Energies India Limited
AI Summary
Laxmipati Engineering Works Limited has sold its leasehold land situated at Plot No. D-2/3, Industrial phase Dahej-ll, within the village limits of Suva at GIDC Industrial Estate Dahej-ll, Ta-Vagra, Dist. Bharuch, to Technip Energies India Limited for a total consideration of Rs. 456,000,000 (excluding GST) on January 02, 2026. The sale was approved by the shareholders of the Company via Postal Ballot on February 12, 2025.
Key Highlights
- Laxmipati Engineering Works Ltd sells leasehold land for Rs. 456,000,000 to Technip Energies India Limited.
- The sale was approved by the shareholders of the Company via Postal Ballot on February 12, 2025.
- Technip Energies India Limited does not belong to the promoter/promoter group.
- The transaction does not fall within related party transaction.
- The sale of the leasehold property is not part of a scheme of arrangement.