Property5 Nov 2026, 07:54 pm
Span Divergent Approves Sale of Mumbai Property for Up to ₹5 Cr
AI Summary
Span Divergent Limited's Board of Directors has approved the sale of its immovable property located at B-1109, Kanakia Wall Street, Andheri (East), Mumbai. The sale is expected to be completed by March 31, 2027, with a maximum consideration of ₹5,00,00,000 (Rupees Five Crores Only). The Managing Director, Mr. Viral Desai, has been authorized to finalize the transaction. The buyer is M/s. Glorious Sales LLP, and the transaction is not considered a related party transaction.
Key Highlights
- Board approved sale of immovable property in Mumbai.
- Maximum sale consideration capped at ₹5 Crore.
- Sale expected to be completed by March 31, 2027.
- Transaction is not a related party deal.
- Managing Director authorized to execute sale.
Price Impact
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