Kirloskar Electric Company Ltd enters into agreement to sell immovable property

Kirloskar Electric Company Limited has entered into an Agreement to Sell ('ATS') on March 20, 2024, at 3:30 PM with respect to the proposed sale of Company's immovable property admeasuring 1.06 acre equivalent to 4,298 Sq. Mtrs of the converted land in Sy No. 88/B (old Sy No. 88), new property No. 88 /89 and PID No. 36/581 situated formerly at Rayanal Village, Hubli Taluk, now at Gokul Road, Hubli, Hubli Dharwad Municipal Corporation Ward No. 36, Hubli on such terms and conditions as set out in the Agreement to sell.

The total Consideration for the proposed sale would be Rs. 3.00 Crore.

Shares of Kirloskar Electric Company Limited was last trading in BSE at Rs. 105.25 as compared to the previous close of Rs. 105.15. The total number of shares traded during the day was 19984 in over 388 trades.

The stock hit an intraday high of Rs. 107.90 and intraday low of 104.50. The net turnover during the day was Rs. 2113419.00.

Source : Equity Bulls

Keywords

KirloskarElectricCompany INE134B01017 SaleAgreement ImmovableProperty