Ecoboard Industries has sold its non-core assets comprising factory, land, building and ancillary structures situated at Jambhulwadi, Islampur, Tal. Walwa, District Sangli admeasuring 12,33,554 Sq. ft. The property was sold to a buyer at highest bid available to the company. The sale proceeds were used to reduce the outstanding dues of the company's Bankers.
The company had closed its plant in the said property back in the year 2009 due to shortage of raw material at that location. To reduce its liabilities, the company has passed the Board resolution No. 2 in the Board meeting held on February 12, 2013 at its registered office address at Pune.
Ecoboard Industries is engaged in providing consultancy and supply of efficient effluent treatment systems on turnkey basis.
Company Name | CMP |
---|---|
Century Plyboards(I) | 640.00 |
Greenply Industries | 266.65 |
Greenpanel Inds. | 315.30 |
Archidply Inds | 114.00 |
Duroply Industries | 298.10 |
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