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Binny informs about outcome of board meeting

23 Jun 2022 Evaluate

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.

Peers
Company Name CMP
Vardhman Textiles 540.10
Welspun Living 222.30
Arvind 520.00
Raymond Lifestyle 570.00
K.P.R. Mill 1110.35
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