VIP Industries has agreed to dispose of the land and building of the Haridwar factory of the Company on ‘as-is-where-is’ basis. The operation at the said Haridwar factory of the Company has been suspended since March, 2020 due to Covid-19 Pandemic. The Company is disposing of the land and building of Haridwar factory in pieces and hence it is not a slump sale. The consideration received from such sale/disposal will be Rs 25 crore to Rs 30 crore.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.
| Company Name | CMP |
|---|---|
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| Trent | 4244.05 |
| Vishal Mega Mart | 123.90 |
| Aditya Birla Lifesty | 113.95 |
| PN Gadgil Jewellers | 728.70 |
| View more.. | |
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