7,200 sq m Nashik Land Acquired by Maharashtra Government for Rs. 11.04 Crores
The Government of Maharashtra, through Maharashtra State Infrastructure Development Corporation, has acquired 7,200 square meter of the company's land at Panchak, District Nashik for a total sale consideration of Rs. 11.04 Crores.
- Land Area Acquired
- 7,200 square meter
- Sale Consideration
- Rs. 11.04 Crores
- Location
- Panchak, District Nashik
- Purpose
- proposed Nashik Ring Road project
- Operational Impact
- no impact on its Nashik plant
What was disclosed
The company informed the exchanges that the Government of Maharashtra, acting through the Maharashtra State Infrastructure Development Corporation, has acquired part of its land at Panchak, District Nashik.
Key details
- Land acquired: 7,200 square meter
- Total sale consideration: Rs. 11.04 Crores
- Purpose: proposed Ring Road project at Nashik
- Location: Panchak, District Nashik
Operational effect
The company states that due to this land acquisition, there is no impact on its Nashik plant.
How to read it
This is a compulsory-type acquisition by a state authority for an infrastructure project, with compensation paid as sale consideration. The disclosure covers land acquired till date.
More numbers
- Land area acquired7,200 square meter
- Total sale considerationRs. 11.04 Crores
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