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MoneyWorks4Me

Bang Overseas enters into MoU for sale of land in Bangalore

29 Jun 2018 Evaluate

Bang Overseas has entered into a memorandum of understanding (MoU) with the buyer for sale of land bearing municipal no. 82, Situated at EPIP Industrial Estate, formed out of survey number 150, of Village, 1st Stage, white field, K.R. Puram, Hobli, Bangalore, measuring to an extent of 4781 square meter. The consideration to be received for the sale is Rs 20 crore (in tranches).

Bang Overseas is one of the leading manufacturers and exporters of men's wear.The company is also engaged in the apparel, textile and retail market and also deals in providing rare services like concept development, designing, manufacturing to logistic and marketing.

Peers
Company Name CMP
Vardhman Textiles 530.20
Welspun Living 264.50
Arvind 499.75
Raymond Lifestyle 511.50
K.P.R. Mill 1174.05
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