Catvision Limited to sell its asset for Rs. 7 crore

Catvision Limited has executed a Sale Deed on January 24, 2024, effecting the sale of the Company's land & building admeasuring 538 square meters situated at E-14 & 15, Sector - 8, Noida- 201301, Dist. Gautam Budha Nagar, Uttar Pradesh, India, for a consideration of Rs. 7,00,00,000/- (Rupees Seven crores) on the terms and conditions mentioned therein.

Proceeds of the sale shall be strategically utilized for further expansion of the business of the Company.

Shares of Catvision Limited was last trading in BSE at Rs. 28.53 as compared to the previous close of Rs. 30.00. The total number of shares traded during the day was 17510 in over 138 trades.

The stock hit an intraday high of Rs. 31.50 and intraday low of 28.50. The net turnover during the day was Rs. 510310.00.

Source : Equity Bulls

Keywords

Catvision INE660B01011 AssetSale