Sterling Powergensys has informed that the members of the Company in their general meeting held on 22nd September, 2021 have approved the proposal for sale of the following undertakings of the Company: Unit I situated at A-8/4, MIDC Industrial Area, Murbad, Dist: Thane, - 421401; Unit II situated at Indian Corporation, Bldg. No. 190, Godown No-8 Gundavaligaon, Dapoda Village, Mankoli Naka, Bhiwandi, Thane - 421302; 2/10, Meghal Service Industrial Estate, Devidayal Road, Mulund West, Mumbai-400080; 2/11, Meghal Service Industrial Estate, Devidayal Road, Mulund West, Mumbai - 400080 to repay its existing dues which is payable to the Banks and others and revive the Company financially.
The above information is a part of company’s filings submitted to BSE.
