W S Industries India Ltd to transfer Vizag unit for Rs. 20.85 crores

Pursuant to approval of the Shareholders through Postal Ballot Notice dated 26th April 2019 and its result dated 8th June 2019, W S Industries India Ltd has entered into definitive agreements on 24th March 2022 with M/s. Winwin Speciality Insulators Limited for the transfer of Vizag Unit / Plant / Undertaking for a consideration of Rs.20,85,00,000/- (Rupees Twenty Crores Eighty Five Lakhs Only).

The Buyer does not belong to promoter group.

Source : Equity Bulls

Keywords

WSIndustriesIndia VizagPlant Sale WinwinSpecialityInsulators