Corporate Announcement
Security Code : 532994    Company : ARCHIDPLY    
 
Sale of Mysore Land & Plant & Machinery 
  Exchange Disseminated Time     
Archidply Industries Ltd has informed BSE that subsequent to the approval of the shareholders through postal ballot for sale of the Mysore Unit, the Company have entered into the agreement for sale for land at Mysore admeasuring 5 Acres 31 Guntas with Reliance Prolific P Limited for a total consideration of Rs. 2085.16 lakhs.

Further, the Company has also taken the steps for selling and disposal of the plant & machinery and building sheds in piecemeal basis on as on where is basis, which shall further consideration of approximately Rs. 200 lakhs.
 

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