Maiden Forgings Sells Ghaziabad Land Parcel for ₹12.90 Crore

Maiden Forgings Ltd has announced the sale of its vacant land parcel located at C-10, Bulandshahr Road Industrial Area, Ghaziabad, for a total consideration of ₹12.90 Crore. The proceeds from this sale are earmarked for the expansion and development of the company's new unit at Murad Nagar, aligning with its growth and capacity expansion strategies. This divestment follows the commencement of operations at the company's new facility in Bhojpur, Ghaziabad. Maiden Forgings Limited will continue to update the stock exchange on any material developments.