National General Industries has sold its Land situated at adjoining Village Chattarpura and Ajnali, at Mandi Gobindgarh, Punjab (Land), on ‘as is where is’ basis, to Modi Steel (MSPL), a related party, for a consideration at arm length of Rs 2.06 crore, in accordance with the approval accorded by shareholders through resolution passed on December 12, 2023 by Postal Ballot under provision of section 180 of the Companies Act, 2013.
National General Industries is a diversified group who are leading suppliers in Casting, Forging and Long Products to the world's most reputed companies. It is engaged in manufacturing of steel rounds, squares and flat products, which are broadly categorized as long products in the steel industry. The company also in the business segment of Investments, Handling Services, Steel Manufacturing.
Company Name | CMP |
---|---|
JSW Steel | 879.95 |
Tata Steel | 167.60 |
SAIL | 162.95 |
Jindal Stainless | 721.75 |
APL Apollo Tubes | 1563.00 |
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