Atlas Cycles (Haryana) Limited — Important, 24-11-2024: General Updates

The company has informed that the Agreement to Sell around 20 acres of land at Sonipat, Haryana, has a completion date set for today. However, the prospective buyer is currently seeking necessary approvals from regulatory authorities. The company's authorized representatives are actively engaging with the buyer to expedite the process. This situation presents a potential delay in the sale, which could impact the company’s financial outlook. Shareholders should monitor this development closely for any further updates that may arise.