Linde India Limited on Tuesday has sold and disposed of land and buildings pertaining to its closed factory (Packaged Gases Plant) at Diamond Harbour Road in Kolkata for an aggregate consideration of Rs300cr to Mumbai based Mindstone Mall Developers Private Limited.
The company stock was bullish in morning trade on Wednesday. Linde India Ltd was trading at Rs1082.70 per piece up Rs41.70 or 4.01% from its previous closing of Rs1,041 on the BSE (11.06 am)
“The company on Tuesday executed a Deed of Conveyance for transfer of ownership of the said land and buildings at 48/1, Diamond Harbour Road, Kolkata- 700 027 in favour of Mindstone Mall Developers.
The operations of the erstwhile Packaged Gases Plant (factory) were earlier shifted to the site at Uluberia, Howrah,” company informed the exchanges on Tuesday.