India Tourism Development Corporation has informed that today on 29.11.2018, a tripartite Memorandum of Understanding (MoU) has been executed amongst ITDC, Ministry of Tourism and State Government of Bihar for transfer of Hotel Patliputra Ashok, Patna to State Government of Bihar at a negotiated value of Rs 13.005 crore without any liabilities and encumbrances.
The above information is a part of company’s filings submitted to BSE.