Bhageria Industries acquires land for expansion; Stock dips 1%
India Infoline News Service |
12 Nov, 2021 |
Bhageria Industries Ltd has informed that the Company has acquired Land admeasuring 13,957 Sq. m. (i.e. Plot No. E137) from Maharashtra Industrial Development Corporation (MIDC), Tarapur.
As per regulatory filing, the company has acquired land for future expansion and new projects. Bhageria Industries has already made necessary payments to MIDC. A Lease agreement to this effect has been entered between MIDC and the Company for 95 years on November 9, 2021.
At around 12:02 PM, Bhageria Industries was trading at Rs265.60 per piece lower by 0.97% on Sensex.
Previously, the scrip ended at Rs268.20 per piece.