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MoneyWorks4Me

Piramal Glass’ Sri Lankan subsidiary to sell part of Land at Rathmalana

26 Apr 2013 Evaluate

Piramal Glass’ Sri Lankan subsidiary -- Piramal Glass Ceylon PLC -- has agreed to sell part of its Land at Rathmalana for a consideration of Sri Lankan Rs 35.50 crore (equivalent to about Rs 15.169 crore). The final sale transaction is likely to be completed on or before June 30, 2013.

Piramal Glass is engaged in the business of manufacturing packaging solutions for the perfumery and pharmaceuticals.

Peers
Company Name CMP
Asahi India Glass 1095.50
Borosil Renewables 416.75
Borosil Scientific 116.10
Haldyn Glass 135.00
Sejal Glass 902.00
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