Acquisitions14 May 2024, 11:52 pm
Shivalik Bimetal Controls Ltd. Signs Agreement for Industrial Land Acquisition in Himachal Pradesh
AI Summary
Shivalik Bimetal Controls Ltd. announced on May 14, 2024, that they entered into an agreement with M/s Kulja Industries Limited for the acquisition of industrial land and a building in Solan, Himachal Pradesh. The acquisition is for an area of 2236 square meters and does not involve any related parties. The cost of acquisition is approximately Rs. 6.50 Crore, and the transaction is for all cash consideration.
Key Highlights
- Shivalik Bimetal Controls Ltd. signs land acquisition agreement in Himachal Pradesh
- Acquisition of industrial building and land measuring 2236 square meters
- No related party transactions involved
- Approximate cost of acquisition: Rs. 6.50 Crore
- All cash consideration for the land acquisition