Kirloskar Electric Company Ltd has informed that the Board of Directors of the Company have accorded its approval for the sale of Company’s non-core asset situated at Hubbali i.e., immovable property admeasuring 32 acres situated at Rayanal Village, Hubbali Taluk, Dharwad Dist, Karnataka.
As per regulatory filing, the total Consideration for the proposed sale would be Rs100cr and Marvel Properties & Asmakam Infra Projects Private Limited is the proposed purchaser for the above property.
At around 9:16 AM, Kirloskar Electric Company was trading at Rs25.40 per piece higher by 4.96% on Sensex.
Previously, the scrip ended at Rs24.20 per piece.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
