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The Board of Directors has approved the sale of approximately 40.37 acres of land located in Muppandal, Thovalai, Kanyakumari District, Tamil Nadu, along with 12 Windmills, for a total consideration of Rs. 50.12 crore. The transaction is set to be completed upon the necessary due diligence and signing of definitive agreements with SAV Construction and Muthukumar Enterprises and their affiliates. This development could streamline the company’s asset portfolio and provide a significant influx of capital, marking a positive outlook for the Corporation as it focuses on optimizing its operations. Investors should monitor the execution of this deal and its implications for future growth.