Hitech Corporation to sale 2000sq m. land worth Rs3cr; Stock gains 1%

The Company states that the buyer is a third-party buyer who does not belong to the any promoter or promoter group.

Feb 23, 2021 03:02 IST India Infoline News Service

News Newspaper Text
Hitech Corporation Limited has  informed that the Company has executed a sale deed on 22nd February, 2021 effecting the sale of the Company’s land & building admeasuring 2000 square meters.

It is situated at 4923 Plastic Zone Road No.46A, Manda Village, GIDC, Sarigam, Gujarat – 396 155.

Along with the Company’s entire right, title and interest for a consideration of Rs.3,32,46,080/- and the same has been registered with the Sub-Registrar, Office of Mamlatdar, Umbergaon, Valsad (Gujrat).

The manufacturing operations at the Unit was discontinued with effect from 15th January, 2020.

The Company states that the buyer is a third-party buyer who does not belong to the any promoter or promoter group.

Hitech Corporation was currently trading at Rs134.25 per piece up by Rs1.25 or 0.94% from its previous closing of Rs133 on the BSE, at around 3:15 PM

Related Story

Explore Important Blogs