Acquisitions4 Feb 2026, 08:57 pm
Sarla Performance Fibers Ltd. Acquires Commercial Premises in Suraj One Business Bay for Rs. 27.89 Crores
AI Summary
Sarla Performance Fibers Ltd. has approved and ratified the investment made towards the acquisition of commercial premises in the project 'Suraj One Business Bay'. The company has acquired four commercial units with a total RERA carpet area of 5,432 sq. ft. for a total consideration of Rs. 27,88,65,748. The acquisition is expected to be completed by December 31, 2031.
Key Highlights
- Acquisition of commercial premises in Suraj One Business Bay for Rs. 27.89 Crores
- Four commercial units with a total RERA carpet area of 5,432 sq. ft.
- Acquisition from a third-party developer, not a related party transaction
- Expected completion by December 31, 2031
- Additional office space for expansion of business operations