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VST Industries sells immovable property worth Rs 101.7 crore

25 Nov 2024 Evaluate

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.


Peers
Company Name CMP
ITC 264.75
Godfrey Phillips Ind 1835.30
VST Industries 202.20
Indian Wood Products 36.00
NTC Industries 135.00
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