Swiss Military Consumer Goods Ltd completes acquisition of land and building

SWISS MILITARY CONSUMER GOODS LIMITED has completed the acquisition of Land & Building, with an approximate area of 1.21 acres and a built-up area of about 85,000 sq. feet, for a total consideration of INR 29.53 Crores, by executing the sale deed dated June 13, 2024 and Stamp Duty & Registration Charges were INR 2.08 Crores. This acquisition involves land and building, located in Sector 24, Faridabad, Haryana earmarked for the proposed manufacturing facility for luggage and travel gear intended, to cater to both domestic and international markets.

Shares of Swiss Military Consumer Goods Ltd was last trading in BSE at Rs. 26.12 as compared to the previous close of Rs. 26.61. The total number of shares traded during the day was 239092 in over 1062 trades.

The stock hit an intraday high of Rs. 26.95 and intraday low of 26.00. The net turnover during the day was Rs. 6297988.00.

Source : Equity Bulls

Keywords

SwissMilitaryConsumerGoods Land Building Acquisition