Joint Venture24 Jan 2025, 12:16 am
Lloyds Engineering Works Ltd Enters MoU with EMCO Limited for Land Acquisition
AI Summary
Lloyds Engineering Works Ltd has entered into a Memorandum of Understanding (MoU) with EMCO Limited for the acquisition of land. The land, measuring 25 Hectares 48 ares (2,54,800 sq. mt), is situated within the limits of Grampanchayat Chimnazari, Tehsil Nagpur and is intended for industrial use. This decision is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all relevant SEBI Circulars.
Key Highlights
- Lloyds Engineering Works Ltd has entered into a MoU with EMCO Limited
- The purpose of the agreement is to purchase land for industrial use
- The land measures 25 Hectares 48 ares (2,54,800 sq. mt)
- The land is situated within the limits of Grampanchayat Chimnazari, Tehsil Nagpur
- The agreement is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all relevant SEBI Circulars