Gujarat Poly Electronics has received an approval to sell surplus land at Industrial Plot B-17/P at Gandhinagar Electronics Estate, Gandhinagar, for approximate value of Rs 6.39 crore, subject to tax. It is expected to complete the sale/assignment after obtaining all statutory and regulatory approvals from the concerned authorities and signing the definitive documents in this regard. The Board of Directors of the company at its meeting held on May 10, 2019, approved the same.
Gujarat Poly-Avx Electronics is a leading international manufacturer of high quality multilayer ceramic, tantalum, glass capacitors and other passive electronics components.
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