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TT informs about sale of warehouse building of company

22 Aug 2022 Evaluate
TT has informed that the Company has entered into an agreement dated 20th August, 2022 for sale of Company's Warehouse Building located at Karol Bagh, New Delhi at a sum of Rs 11.00 Cr. (Rupees Eleven Crore only) pursuant to Shareholders approval vide Postal Ballot resolution dated 31.08.2020 authorizing Board of Directors to sell/dispose off Company's Warehouse Building. Sale proceeds will be utilized for reduction of Debts of the Company. This is for information to all stakeholders of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 547.45
Welspun Living 202.25
Arvind 549.45
Raymond Lifestyle 672.05
K.P.R. Mill 1119.85
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