Sale3 Oct 2025, 07:32 pm
Uni Abex Alloy Products Ltd to Sell Land at Thane for Rs.244.23 Crore
AI Summary
Uni Abex Alloy Products Ltd has entered into an agreement for sale of its land at Thane with RSVM Hospitality Private Limited for a total transaction value of Rs.244.23 crore. The sale is not part of a scheme of arrangement and does not constitute an undertaking or substantially the whole of the undertaking of the company. The company has received an advance amount of Rs.48.85 crore and expects to receive the balance on conveyance, subject to regulatory approval. The final conveyance is expected by 31st January, 2026.
Key Highlights
- Uni Abex Alloy Products Ltd has entered into an agreement for sale of its land at Thane with RSVM Hospitality Private Limited.
- The total transaction value is Rs.244.23 crore.
- The company has received an advance amount of Rs.48.85 crore.
- The final conveyance is expected by 31st January, 2026.
- The sale is not part of a scheme of arrangement and does not constitute an undertaking or substantially the whole of the undertaking of the company.