Corporate Announcement
Security Code : 503031    Company : PENINLAND    
 
Peninsula Land - Updates 
  Exchange Disseminated Time     
With reference to the earlier announcement dated November 20, 2009 about the receipt of Rs. 275 Crores on November 19, 2009 from Ashok Realtors Pvt. Ltd. in connection with sale of 6.41 lacs Sq. ft. at Peninsula Business Park, Peninsula Land Ltd has now informed BSE that the Company has received a further sum of Rs. 160 Crores from Alok Realtors Pvt. Ltd. for the said sale at Peninsula Business Park. Till date, Peninsula Land Ltd has received a sum of Rs. 625 crores against the total deal consideration of Rs. 1,100 Crores.

As on date, the total cash and cash equivalent with Peninsula Land Ltd. is Rs. 685 crores.
 

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