Board of Gujarat Poly Electronics approves sale of surplus land

Capital Market 

At meeting held on 24 January 2019

The Board of Poly Electronics at its meeting held on 24 January 2019 has approved the sale of surplus land at Industrial plot at Gandhinagar Electronics Estate, Gandhinagar, for approximate value of Rs 6.39 crores, subject to tax. The transaction is expected to be completed by Mid February, 2019, subject to receipt of all statutory and regulatory approvals from the concern authorities and signing of the definitive documents in this regards.

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First Published: Thu, January 24 2019. 16:55 IST