Property21 Oct 2026, 05:20 pm
National Fittings Buys 4.5 Acres Land for ₹4.65 Cr
AI Summary
National Fittings Ltd has entered into a sale agreement to purchase 4.5 acres of agricultural land in Mudhela Village, Savli Taluka, Vadodara, Gujarat. The total consideration for the land is ₹4.65 Crores (₹465 Lakhs), exclusive of stamp duty, registration charges, and taxes. The funding for this acquisition will be from internal accruals. The land parcel measures approximately 19,020 square meters. The sellers are Girishbhai Ishvarbhai Patel & others, who are not related to the company's promoters or promoter group. This transaction is not considered a related party transaction.
Key Highlights
- National Fittings acquired 4.5 acres of land for ₹4.65 Cr.
- Funding for the land purchase will be from internal accruals.
- The land is located in Vadodara, Gujarat.
- The sellers are not related to the company's promoters.
- This is classified as a property purchase.
Price Impact
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