StockWatch
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Iron & Steel Products
Property11 Nov 2026, 06:33 pm

Tulsyan NEC Sells Goa Property Leasehold Rights for ₹3.81 Cr

AI Summary

Tulsyan NEC Limited has completed the sale of its leasehold rights for industrial land in Goa, measuring 12,700 Sq. Mtrs. at Madkai Industrial Estate, to M/s. Mangal Iron Private Limited for a total consideration of ₹3.81 Crores. The entire sale amount has been received by the company. The transaction does not involve related parties and is not considered a slump sale. The buyer, Mangal Iron Private Limited, is a third-party entity.

Key Highlights

  • Company sold leasehold rights of Goa property for ₹3.81 Crores.
  • Entire sale consideration has been received by Tulsyan NEC.
  • The buyer is a third-party and not related to promoters.
  • Transaction does not fall under related party transactions.