MRO-TEK Realty Ltd. to Sell Property in Electronic City, Bangalore for Future Growth

MRO-TEK Realty Ltd., formerly known as Umiya Buildcon Limited, has proposed to sell its property located in Electronic City, Bangalore. This move aims to unlock value for shareholders, relocate the electronics business to a more economical location, and fund the development of real estate projects. The sale is expected to strengthen the company's position in the real estate market and contribute to its continued growth and diversification. The proceeds from the sale will be used to expand real estate projects, improve operational efficiency, and accommodate future expansion needs.