Latest News | Godrej Agrovet Sells Nearly 4 Acre Land in Tamil Nadu for Rs 71 Crore
Get latest articles and stories on Latest News at LatestLY. Godrej Agrovet on Monday said it has sold 3.92 acres of land in Tamil Nadu for Rs 71.36 crore in two separate deals.
New Delhi, Dec 12 (PTI) Godrej Agrovet on Monday said it has sold 3.92 acres of land in Tamil Nadu for Rs 71.36 crore in two separate deals.
In a regulatory filing, the company said it has "entered into two sale deeds dated December 12, 2022 for transfer of total land admeasuring 3.92 acres (approx.) situated at Ambattur, Tamil Nadu for a total consideration of Rs 71.36 crore (approx)."
The company has sold 0.65 acres to Godrej and Boyce Manufacturing Company Ltd for Rs 11.83 crore. In another deal, it has sold 3.27 acres to Minerva Veritas Data Centre Pvt Ltd for Rs 59.53 crore.
The deal with Godrej and Boyce falls in related parties transaction.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)