Munjal Auto Buys Land for ₹14.31 Cr for Business Expansion

Munjal Auto Industries Ltd has entered into an agreement to purchase land located at AA-14, Mascot Industrial City, Vitthalapur, Ahmedabad for ₹14,31,13,640. This acquisition is intended for business expansion and market share growth. The company has confirmed that none of its promoters, directors, or key managerial personnel have any interest in this transaction. The seller is not related to the company's promoter group or group companies, and the transaction is not considered a related party transaction.