The Motor & General Finance Ltd to sell land / building for Rs. 183 crores

The Board of Directors of The Motor & General Finance Limited ("the Company"), at its meeting held today, i.e.,Thursday, the November 27, 2025, has approved the execution of an Agreement to Sell with M/s Haldiram Marketing Private Limited with its Registered Office at Village Khirki Daula, Delhi-Jaipur Highway, Gurugram - 122001, Haryana for the sale of Land and Building situated at A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi- 110044.

The consideration to be received from the above sale is approx. Rs. 183 crores net of stamp duty based as per the valuation report and audit committee recommendation.

Shares of The Motor & General Finance Limited was last trading in BSE at Rs. 24.14 as compared to the previous close of Rs. 24.97. The total number of shares traded during the day was 6183 in over 102 trades.

The stock hit an intraday high of Rs. 25.06 and intraday low of 23.74. The net turnover during the day was Rs. 148998.00.

Source : Equity Bulls

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TheMotorandGeneralFinance INE861B01023 Land Building Sale