VST Industries has sold an immovable property to M/s. ViNS Bioproducts and others admeasuring around 2.7 acres of land along with structures situated in Plot Nos. 7& 15, Plot No. 8, Plot No. 9 and Plot No. 10 at Panjagutta, Banjara Hills, Hyderabad, Telangana by executing and registering sale deeds for Rs 101.7 crore.
The purchasers are a third-party who do not belong to the Promoter/ Promoter Group and the transaction does not fall under the ambit of related party transaction.
VST Industries is an India-based company, which is engaged in manufacture of cigarettes containing tobacco and unmanufactured tobacco.
