ADDI Industries Ltd to sell land in Noida for Rs. 12.50 crores

ADDI Industries Ltd has executed a Sale Deed on July 05, 2021, effecting the sale of the Company's Land Plot area measuring 5000 Square meter and covered area 1100.00 Square meter situated at Plot no. 02 Block no. B, Sector Hosiery Complex Gautam Budh Nagar, Noida - 201305 for a consideration of Rs. 12,50,00,000/- on the terms and conditions mentioned therein.

The buyer is a third party buyer who does not belong to the Promoter/Promoter Group Companies and the transaction does not fall under the ambit of Related Party Transactions.

Shares of ADDI INDUSTRIES LTD. was last trading in BSE at Rs.8.5 as compared to the previous close of Rs. 8.11. The total number of shares traded during the day was 2045 in over 25 trades.

The stock hit an intraday high of Rs. 8.5 and intraday low of 8.05. The net turnover during the day was Rs. 16782.

Source : Equity Bulls

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