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Addi Industries to sell land for Rs 12.50 crore

07 Jul 2021 Evaluate

Addi Industries has executed a Sale Deed on July 05, 2021, effecting the sale of the company's land plot area measuring 5000 Square meter and covered area 1100.00 Square meter situated at Plot no. 02, Block no. B, Sector Hosiery Complex Gautam Budh Nagar, Noida for a consideration of Rs 12.50 crore 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. 

Addi Industries is engaged in the manufacturing and export of textile-related products namely knitted hosiery garments.

Peers
Company Name CMP
Vardhman Textiles 568.20
Welspun Living 222.15
Arvind 567.40
Raymond Lifestyle 703.30
K.P.R. Mill 1130.00
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