KSB Limited's bid approved for sale of technology by Bharat Pumps and Compressors Ltd

KSB Limited has bagged an approval for bid submitted under e-Auction for sale of technology - Intellectual Property Rights / Drawings of Bharat Pumps and Compressors Limited (BPCL), Naini, Prayagraj. The Company is in process of accepting the said contract of sale of technology by BPCL, by paying the required security deposit.

The security deposit is to be paid within 7 days of approval of bid and the balance payment alongwith applicable taxes and duties to be paid within 21 days of approval of bid. On receipt of balance payment by BPCL, Delivery Order will be issued to the Company.

Total bid price is INR 28 Crores plus applicable taxes and duties.

Shares of Ksb Limited was last trading in BSE at Rs. 1961.70 as compared to the previous close of Rs. 2046.05. The total number of shares traded during the day was 5563 in over 961 trades.

The stock hit an intraday high of Rs. 2047.55 and intraday low of 1944.00. The net turnover during the day was Rs. 11024430.00.

Source : Equity Bulls

Keywords

Ksb INE999A01015 BidApproval eAuction BharatPumpsandCompressors IPRights Drawings