Property6 Jul 2026, 01:42 pm
Panama Petrochem Buys Commercial Property for ₹41.59 Cr
AI Summary
Panama Petrochem Ltd has announced the purchase of commercial premises in the S. Raheja Projects, specifically units 701, 702, 703, and 802 located in Khar (West), Mumbai. The property will be utilized for office purposes. The total consideration for this acquisition amounts to INR 41,59,10,080/-, inclusive of GST, registration charges, processing fees, and other associated costs. This strategic move is aimed at expanding the company's operational infrastructure.
Key Highlights
- Company acquired commercial property in Mumbai.
- Total consideration for the property is ₹41.59 crore.
- Property to be used for office purposes.
- Acquisition is part of business expansion.
Price Impact
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