Sale1 Oct 2025, 05:31 pm
Neueon Towers Ltd Sells Immovable Property for Rs. 3,38,00,000 as of Oct 2025
AI Summary
Neueon Towers Ltd has sold its immovable property situated at Unit IV, Survey No.172/A, IDA Bollaram, Jinnaram Mandal, Sangareddy District-502335, Telangana, as per the attached letter dated Oct 2025. The property was sold by executing a sale deed on 01 October 2025, following the approval of the Board of Directors on 15 July 2025 and shareholders at the 18th Annual General Meeting held on 19th August 2025. The consideration received from the sale is Rs. 3,38,00,000/- (Rupees Three Crores Thirty Eight Lacs only). The buyer is Mr. Vishamber Garg, who does not belong to the promoter/promoter group or group companies.
Key Highlights
- Neueon Towers Ltd sold immovable property worth Rs. 3,38,00,000 on 01 October 2025.
- The sale was approved by the Board of Directors on 15 July 2025 and shareholders at the 18th AGM held on 19th August 2025.
- The buyer, Mr. Vishamber Garg, does not belong to the promoter/promoter group or group companies.
- The property is situated at Unit IV, Survey No.172/A, IDA Bollaram, Jinnaram Mandal, Sangareddy District-502335, Telangana.