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| Exchange Disseminated Time 01/10/2016 11:59:57 | Indian Hume Pipe Company Ltd has informed BSE that the Company is having its erstwhile pipe manufacturing factory on land admeasuring about 14.77 Acres at Vadgaon, Pune Sinhgad Road, Pune since closed with effect from November 01, 2015.
The Board of Directors vide Circular Resolution dated September 29, 2016 passed on October 01, 2016 have accorded
in-principal approval for exploring the possibility of development of Vadgaon land, Pune and authorised Mr. Rajas R. Doshi, Chairman & Managing Director and Mr. Mayur R. Doshi, Executive Director of the Company severally to explore the possibility of monetising the Vadgaon land, Pune and appoint reputed Property Consultant for identifying a Developer. |
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