Motor & General Finance Ltd Approves Land and Building Sale for Approx. Rs. 183 Crores

Motor & General Finance Ltd has approved the execution of an Agreement to Sell with Haldiram Marketing Private Limited for the sale of land and building situated at A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi. The expected date of completion of sale is on or before 30.04.2026. The consideration received from the sale is approximately Rs. 183 crores net of stamp duty based on the valuation report and audit committee recommendation. The buyer does not belong to the promotor group / group companies.