Property3 Jul 2026, 04:28 pm
Talbros Engineering Buys MP Industrial Premises for ₹25 Cr
AI Summary
Talbros Engineering Limited has executed an agreement to purchase new industrial premises in Pithampur, Madhya Pradesh, for ₹25 crores. The 40,000 sq. ft. facility will be used for future expansion and new project development. The seller is M/s Lakhani Rubber Products Private Limited. The company stated that further updates on commercial production or operations will be communicated separately. This transaction is not with a related party and is considered an arm's length deal.
Key Highlights
- Talbros Engineering acquires 40,000 sq. ft. industrial premises in Pithampur.
- Total consideration for the property is ₹25 crores.
- The premises are intended for future expansion and new project development.
- The transaction is an arm's length deal with an unrelated party.
- Future operational updates will be communicated separately.
Price Impact
More from TALBROSENG