Approval for transfer of its title, rights, interest, ownership and the operations of its Business
Undertaking situated at Survey Nos. – 44/1, 44/l/l P, 44/1/2P and other, Tumb Village, Taluka
Umbergaon, Dist. Valsad, Gujarat- 396150 as a going concern, on an “as is where is” basis
(“Business Undertaking”) for a lumpsum consideration ofapproximately INR 835,00,00,000
(Indian Rupees Eight Hundred and Thirty Five Crore) to Adani Logistics Limited
(“Purchaser”) and the same shall be subject to approval of the Shareholders of the Company
at the ensuing Annual General Meeting
Stock is down 15% , any reason why the market is considering it negatively.
| Subscribe To Our Free Newsletter |
