Uni Abex Alloy Products Ltd — Important, 03-10-2025: Company Update
03-10-2025 | 07:23 pm
03-10-2025 | 07:23 pm
Uni Abex Alloy Products has entered into an agreement for the sale of 9.45 acres of land and buildings at Thane. The total transaction value is Rs. 244.23 crore, with the company having already received an advance of Rs. 48.85 crore. This sale, to unrelated party RSVM Hospitality Private Limited, is not expected to impact the company's business operations. The land contributed 0.098% to the company's net worth. The transaction is anticipated to be completed by January 31, 2026. This move monetizes a non-core asset, bringing in substantial funds.
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