Saboo Sodium Chloro has informed that Saboo Sodium Chloro has received an unsolicited acquisition LOI (letter-of-intent) for a 100% sale of Samskara Resort & Spa. Relevant LOI is dated 8/11/2021 and is from a 30-year-old prominent Swiss RE investment firm. Negotiations are taking place in Jaipur. A sale decision, if reached, will value Samskara Resort & Spa in the range of INR 100-150 Crore. The figure will be inclusive debt, and associated trademarks and intellectual property.
The above information is a part of company’s filings submitted to BSE.
