New Launch20 Feb 2025, 09:26 pm
Star Delta Transformers Ltd Approves Land Purchase for Business Expansion
AI Summary
Star Delta Transformers Ltd has approved the land purchase agreement with M/s Bhopal engineering for a land situated at Sector A, Industrial Estate, Govindpura, Bhopal. The land, which is 10000 sq ft, was purchased for a total consideration of Rs. 65,00,000 (Rupees Sixty Five lakhs only). A token amount of Rs 25,00,000 (Rupees Twenty Five lakhs only) has been paid by cheque. The sale deed is yet to be executed.
Key Highlights
- Star Delta Transformers Ltd has entered a land purchase agreement with M/s Bhopal engineering for business expansion and capacity addition.
- The purchased land is situated at Sector A, Industrial Estate, Govindpura, Bhopal and is 10000 sq ft.
- The total consideration for the land is Rs. 65,00,000 (Rupees Sixty Five lakhs only).
- A token amount of Rs 25,00,000 (Rupees Twenty Five lakhs only) has been paid by cheque.
- The sale deed for the land is yet to be executed.