New Delhi, Dec 28 (PTI) Thermax on Thursday said it has sold an industrial plot in Chinchwad industrial area in Pune for Rs 135.66 crore to a third party who is not a promoter of the company.

"The buyer(s) are third-party who do not belong to the promoter/ promoter group/ group companies and the transaction does not fall under the ambit of related party transactions," according to a regulatory filing.

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The company has completed transfer of leasehold rights of vacant plot situated at MIDC Industrial Area Chinchwad, Pune admeasuring 57,482 square metres for a consideration of Rs 135.66 crore.

None of the promoters, directors, key managerial persons and/or their relative(s) are interested whether directly / indirectly in this matter, it added.

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(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)