Acquisitions3 Apr 2024, 10:44 pm
Newtime Infrastructure Limited Acquires 19.60 Acre Land from Aryahi Buildwell Private Limited for Expansion
AI Summary
Newtime Infrastructure Limited has acquired 19.60 Acre of land from Aryahi Buildwell Private Limited in order to expand its real estate activities. This transaction is done at an all-cash consideration of INR 10,40,00,000 and does notfall within the definition of a related party transaction or involve any interest from the promoter or promoter group.
Key Highlights
- Newtime Infrastructure Limited acquires 19.60 Acre land from Aryahi Buildwell Private Limited
- Transaction is an all-cash deal for INR 10,40,00,000
- The acquisition is not defined as a related party transaction and no promoter interest involved