Kohinoor Foods has received approval for sale of factory unit and Plant and Machinery of factory unit situated at Sonepath Haryana by way of slump sale and to sale of Registered Office of Company situated at Pinnacle Business Tower, Faridabad, Haryana by way of slump sale. The board of directors at its meeting held on March 24, 2022 has approved the same.
Value of Capital Assets of Factory Unit, will be arrived based on the Fair Market Value from an Independent Valuer and other assets and liabilities will be taken at Book Value. Hence, the valuation will be Aggregate of Capital assets at Market value and net of other assets and liabilities at Book Value. The Consideration for the proposed Sale will be paid in Cash.
Kohinoor Foods is synonymous with the fine taste of India in its authentic form.
