Rishiroop has entered into a Term Sheet/ memorandum of understanding (MoU) for the Sale/Assignment/Transfer of the Plot Nos. 5807 & 5808, GIDC Industrial Estate, Ankleshwar, Gujarat admeasuring 34,561 square meters, along with the structures situated thereon.
The transaction is subject to the receipt of the required approvals from GIDC, and fulfillment of the obligations by the parties. The transaction is to be completed within a period of 60 days, or such further period mutually agreed between the parties. The consideration to be received for the said transaction is around Rs 27.64 crore.
Rishiroop manufactures polyvinyl chloride and rubber compounds. The company offers compounds that are used to make products such as petrol hose, LPG tubes, footwear, auto parts, protective clothing, seals, and conveyor belts.
Company Name | CMP |
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Adani Enterprises | 3042.85 |
Redington | 220.15 |
Amrapali Industries | 14.47 |
Rashi Peripheral | 336.00 |
Compuage Infocom | 5.33 |
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