Bombay Dyeing & Manufacturing Company has entered into an agreement on December 31, 2016 for sale of MIDC Land & Building and some specific utility machineries of Ranjangaon unit situated at Ranjangaon, District - Pune, Maharashtra, at an aggregate value of Rs 174.45 crore. This step has been taken pursuant to the approval of the Committee of the Board the Company.
The company has also entered into an agreement for sale of a company owned flat at Beach Towers, Prabhadevi, Mumbai at a value of Rs 9.4 crore.
Bombay Dyeing & Manufacturing Company is a holding company that is engaged in finishing of cotton and blended cotton textiles; manufacturing of bedding, quilts, pillows and sleeping bags; real estate activities, and manufacturing of polyester Staple Fiber (PSF).
