Binny has informed that the Board of Directors at their meeting held on today (23.06.2022) transacted and approved the following business: Approved the proposal for the sale of 600 acres of Company’s Windmill lands located at Perungudi and Veppilangulam villages, Tirunelveli District for a total sale Consideration of Rs 36 crores (Rs 6 Lakh per acre), subject to the approval of shareholders U/s 180(1)(a) of the Companies Act, 2013 through e-voting and postal ballot.
The above information is a part of company’s filings submitted to BSE.