Pursuant to Regulation 30 of the Listing Regulation read with the Company’s Policy for Determination of Materiality of Events, Relaxo Footwears has informed the Company has been declared as a successful Bidder today 11th December, 2023, in the bidding process held through an e-auction platform. The auction was for the purchase of land parcel of approximately 30 acres situated in Pathredi Industrial Area, Bhiwadi -II, (Rajasthan), India, which was auctioned by IndusInd Bank. The completion of the acquisition is contingent upon obtaining customary and statutory approvals. The cost of acquisition of aforesaid Land Parcel is ~ INR 135 Crores. The event occurred on 11th December 2023 at13:29 hrs (IST). The company will continue to update the stock exchanges on developments relating to this matter.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Bata india | 1328.50 |
Relaxo Footwears | 830.00 |
Campus Activewear | 243.15 |
Liberty Shoes | 302.50 |
Superhouse | 216.50 |
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