Acquisitions26 Mar 2025, 05:26 pm
R P P Infra Projects Ltd Approves Purchase of 120 Acres of Land Near Proposed New Chennai Airport for 75 Crores
AI Summary
R P P Infra Projects Ltd has approved the purchase of approximately 120 acres of land near the proposed new Chennai Airport for a cost of around 75 crores. The company is evaluating various development possibilities for this strategically located asset, including Logistics Parks, Warehousing, and Data Centres. The transaction is not a related party transaction and there is no management or control of the listed entity involved. The company's registered office is at S.F No. 454, Raghupathynaiken Palayam, Railway Colony (Post), Poondurai Road, Erode - 638 002. Tamilnadu. India.
Key Highlights
- R P P Infra Projects Ltd has approved the purchase of 120 acres of land near the proposed new Chennai Airport
- The land is being purchased for a cost of around 75 crores
- The company is evaluating various development possibilities for this strategically located asset
- The transaction is not a related party transaction
- There is no management or control of the listed entity involved