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Xpro India enters into term sheet with JKM Ventures to sell Pithampur Unit

01 Mar 2018 Evaluate

Xpro India has entered into a 'Term Sheet' on February 28, 2018 (which is subject to necessary approvals and signing of Definitive Agreement) to sell / transfer the Pithampur Unit of the company situated at Sector III, Industrial Area, Pithampur, Dhar District, Madhya Pradesh, on ‘as is where is’ basis at a consideration of Rs 14 crore for Fixed Assets, with JKM Ventures (which does not belong to and has no connection whatsoever with the Promoter/Promoter Group/Group Companies). The transaction is not a Related Party Transaction. The expected date of completion of sale is April 15, 2018.

Xpro India is an India-based company, which manufactures semi-finished plastic products, such as thermoplastic films/sheets/liners.

Xpro India Share Price

1206.90 34.85 (2.97%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3479.70
Astral 1507.00
Finolex Inds 172.90
Nilkamal 1270.00
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