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Addi Industries informs about sale deed

03 Jun 2021

Pursuant to the Regulation 30 of the Listing Regulations, Addi Industries has informed that the Company has executed a Sale Deed on June 02, 2021, effecting the sale of the Company's Land Plot area measuring 4405 Square meter situated at Plot no. 03, Block no. B, Sector Hosiery Complex Gautam Budh Nagar, Noida-201305 for a consideration of Rs 9,36,00,000 on the terms and conditions mentioned therein. The buyer is a third-party buyer who does not belong to the Promoter/ Promoter Group Companies and the transaction does not fall under the ambit of Related Party Transactions. None of the Promoters, Directors, Key Managerial Persons and/or their relative(s) are interested whether directly/ indirectly in the aforesaid matter.

The above information is a part of company’s filings submitted to BSE.

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