Pursuant to regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, Choksi Laboratories has informed that following business were transacted at the meeting of the Board of Directors of the Company held on Monday the day of 12th December, 2022 at the registered office of the Company situated at Survey No 9/1, Near Balaji Tulsiyana Industrial Estate, Gram Kumedi, Indore, 452010 MP: The Board of Director of the Company have approved the sale of the-Land of the Company situated at 4/3, Manormaja Ganj, Indore-452001, being the related party Transaction. This property admeasuring 5005 sq Ft was initially in the name of Mr. Sunil Choksi (DIN: 00155078) Managing Director of the Company and subsequently transferred to the Company and now sold to him on market rate/guideline at arm length basis, being related party Transaction.
The above information is a part of company’s filings submitted to BSE.
