Flora Textiles has informed that in pursuance of the special resolution passed by the shareholders of the Company under Section 180(1)(a) of the Companies Act, 2013 through postal ballot notice dated on 07th February, 2024, the Company has effected the sale of Land and Building of the Company situated in Moppripalayam Village in Coimbatore District (State of Tamil Nadu) to Nithya Estates and Developers India, related party of the company. The disclosure required under Regulation 30 read with Schedule Il of the Listing Regulations and the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023, is given as Annexure.
The above information is a part of company’s filings submitted to BSE.