Godrej Agrovet Sells Tamil Nadu Land Parcels for 71 Crores

Godrej Agrovet Ltd. has sold 3.92 acres of land in Tamil Nadu for Rs 71.36 crore.

The company informed the exchnage that it had entered into two separate sale deeds for the transfer of the land in Ambattur, Tamil Nadu.

Of the total 3.92 acres sold, 3.27 acres has been purchased by Minerva Veritas Data Centre Pvt. Ltd. for approximately Rs 59.53 crore.

The other agreement has been signed with Godrej and Boyce Manufacturing Co Ltd. for the sale of land admeasuring approximately 0.65 acres for Rs 11.83 crore.

The stock rose 1.6 percent after this announcement.

Source: BSE