Business Update6 Apr 2024, 09:21 pm
Pil Italica Lifestyle Ltd Successfully Acquires Umerkui Silvassa Unit
AI Summary
Pil Italica Lifestyle Ltd has announced the successful completion of the purchase of Umerkui Silvassa Unit from Kisan Mouldings Limited. The acquisition includes the transfer of land, building, plant & machinery, and full payment has been made to Punjab National Bank and Kisan Mouldings Limited. The details of the acquisition have already been disclosed in a previous Board meeting announcement.
Key Highlights
- Pil Italica Lifestyle Ltd successfully purchased Umerkui Silvassa Unit from Kisan Mouldings Limited
- The acquisition includes transfer of land, building, plant & machinery
- Full payment has been made to Punjab National Bank and Kisan Mouldings Limited
- The details of the acquisition have already been disclosed in a previous Board meeting announcement