Greaves Cotton Limited informed the exchange that
it had executed definitive agreements regarding the sale of their land located at Akurdi Village, Old Mumbai Pune Highway, Pune, Maharashtra to Runal Developers LLP.
The sale is subject to obtaining the necessary regulatory approvals and finalisation of definitive documents.
Greaves Cotton Limited has conveyed the Land in favour of the purchaser for a total consideration of Rs. 284 crores and the transaction stands closed on 3rd November, 2023.