Piramal Enterp.announced Announcement under Regulation 30 (LODR)-Acquisition
They acquired 7.44 Lakh sq.ft. for 90 Cr ( approx 1,209/sq.f.t) from a Promoter Group Company. They say its for the office space owned by the Promoter Company. The price per square feet looks a steal, Any thoughts why promoter is selling at this price? Hope its not a calculation mistake from my end
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