Acquisitions24 Dec 2025, 02:01 am
Physicswallah Ltd Subsidiary Acquires Land for Future Business Expansion
AI Summary
Physicswallah Limited has announced the execution of a sale deed for the acquisition of land by its wholly owned subsidiary, Penpencil Edu Services Private Limited. The land, measuring 1.76 acres, is situated at Village - Tupudana, District Ranchi. The transaction is valued at INR 69,49,72,800 (Indian Rupees Sixty Nine Crore Forty Nine Lakh Seventy Two Thousand Eight Hundred Only) excluding transfer and other applicable charges and duties. The land is free from all encumbrances, charges, mortgages, attachments, lispendens, demands, liens and trust of whatsoever nature.
Key Highlights
- Physicswallah Limited's subsidiary, Penpencil Edu Services Private Limited, acquires land for future business expansion.
- The land, situated at Village - Tupudana, District Ranchi, measures 1.76 acres.
- The transaction is valued at INR 69,49,72,800 (Indian Rupees Sixty Nine Crore Forty Nine Lakh Seventy Two Thousand Eight Hundred Only).
- The land is free from all encumbrances, charges, mortgages, attachments, lispendens, demands, liens and trust of whatsoever nature.
- The acquisition is part of Physicswallah Limited's strategic plans for future growth.