Aditya Birla Real Estate’s board has approved the sale of remaining machineries relating to Spinning, Yarn dyeing and Processing etc. of the Textile division -- Birla Century plant at Jhagadia Bharuch in Gujarat, earlier being used for operations of joint venture viz. Birla Advanced Knits. The company will receive total consideration of Rs 22.15 crore (without GST) from the sale.
Aditya Birla Real Estate (formerly Century Textiles and Industries) is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.
