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Visaka Industries has completed the transfer of leasehold rights for a 7-acre non-strategic asset (land and building) in Chennai. The company received ₹32.53 Cr from M/s Caresoft Global Mobility Technologies Pvt Ltd, after a TDS deduction of ₹0.3286 Cr. This move monetizes a non-core asset, boosting cash reserves.
#VisakaIndustries #AssetMonetization #CashFlow #InvestorUpdate