Munjal Auto Industries has entered into a Deed of Assignment on April 29, 2024, for purchase of leasehold land admeasuring about 25,469 Square Meters situated at GIDC, Sanand-II Industrial Estate, Village: Bol, Taluka: Sanand, Dist Ahmedabad with M/s Shreeji Metazine LLP, an unrelated party and also agreed to purchase Plant, Machinery and Equipment(s) attached to the said premises. The consideration price of leasehold land is Rs 16.61 crore. The consideration price for Plant, Machinery and Equipment(s) on the above premises is Rs 5.40 crore.
Munjal Auto Industries is a diversified engineering group comprising of manufacturing activity in sheet metal and composite, molds, components and assemblies.
