Sale24 Jul 2025, 08:24 pm
Prashant India Ltd. Announces Sale of Used Windmill Scrap to Arbuda Metal Industry
AI Summary
Prashant India Ltd. has entered into an agreement for sale with M/s Arbuda Metal Industry for the sale of used windmill/scrap from the Wind Power division situated in Dhank, Rajkot. The agreement was entered into on 24th July, 2025. The total sale consideration is 85 Lakhs plus applicable tax, with 50 Lakhs received as an advance prior to the execution of the agreement. The balance is to be received up to 15.08.2025. The transaction does not fall within the purview of related party transactions.
Key Highlights
- Prashant India Ltd. has entered into an agreement for sale with M/s Arbuda Metal Industry
- The sale is for used windmill/scrap from the Wind Power division situated in Dhank, Rajkot
- The total sale consideration is 85 Lakhs plus applicable tax
- 50 Lakhs have been received as an advance prior to the execution of the agreement
- The balance is to be received up to 15.08.2025
- The transaction does not fall within the purview of related party transactions