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Property23 Jul 2026, 02:42 pm

Talbros Engineering Revises Industrial Premises Area, Buys 40,000 Sq Mtrs

AI Summary

Talbros Engineering Limited has revised its earlier intimation regarding the purchase of new industrial premises. The company clarified that the acquired property in Pithampur, Madhya Pradesh, measures 40,000 square meters, correcting a previous inadvertent mention of 40,000 square feet. The premises, located at Plot No. 70-B, Sector – 3, Industrial Growth Center, Pithampur, Dhar, Madhya Pradesh - 454774, will be used for future expansion and new project development. The total consideration for the purchase is ₹25,00,00,000/-. The seller, M/s Lakhani Rubber Products Private Limited, is not related to the promoter group. Further updates on commercial production will be communicated separately.

Key Highlights

  • Talbros Engineering corrects industrial premises area to 40,000 sq. mtrs.
  • Acquisition aims for future expansion and new project development.
  • Total consideration for the property is ₹25 Crores.
  • Seller is not a related party to the company's promoters.
  • Company will provide updates on commercial production separately.