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

17 Jul 2013 Evaluate

Piramal Glass’ Sri Lankan subsidiary -- Piramal Glass Ceylon PLC - has agreed to sell the balance portion of its Land at Rathmalana for a consideration of Sri Lankan Rs 41.5 crore (equivalent to about Rs 18.76 crore). The final sale transaction is likely to be completed on or before November 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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