Hitech Corporation to sell land & building at Gujarat

23 Feb 2021

Hitech Corporation has executed a sale deed on February 22, 2021 effecting the sale of the Company’s land & building admeasuring 2000 square meters, situated at 4923 Plastic Zone Road No.46A, Manda Village, GIDC, Sarigam, Gujarat – 396 155, along with the Company’s entire right, title and interest in respect of and/ or in connection with the aforesaid Land and Building and liabilities pertaining thereto, for a consideration of Rs 3,32,46,080 and the same has been registered with the Sub-Registrar, Office of Mamlatdar, Umbergaon, Valsad (Gujrat). The manufacturing operation at the said unit was discontinued with effect from January 15, 2020.

Hitech Corporation is engaged in manufacturing of rigid plastic containers specially catering to customers relating to Paints, Lube and Pharmacy product as well as export market.

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