
Sale31 Dec 2025, 07:44 pm
VIP Industries Ltd. to Sell Non-Core Asset 'Nashik Land' for INR 24.28 Crores to DGP Realty Nashik Private Limited
AI Summary
VIP Industries Ltd. has entered into a binding agreement with DGP Realty Nashik Private Limited, a wholly owned subsidiary of DGP Securities Limited, for the sale of its non-core asset 'Nashik Land'. The land is located at Survey no. -854/3, Nasik-Pune Highway, Near Fame Cinema, Nashik Shiwar. Tal Dist Nashik, and the transaction is not a material-related party transaction for the company. The sale price is INR 24.28 crores, and the transaction is being carried out at arm's length.
Key Highlights
- VIP Industries Ltd. to sell non-core asset 'Nashik Land'
- Transaction value: INR 24.28 crores
- Buyer: DGP Realty Nashik Private Limited
- Not a material-related party transaction
- Transaction carried out at arm's length