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Kohinoor Foods Completes Major Property Sale Transaction

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Kohinoor Foods Completes Major Property Sale Transaction

Kohinoor Foods Limited. ( (IN:KOHINOOR) ) has shared an announcement.

Kohinoor Foods Limited has announced the completion of a significant financial transaction involving the sale of its property located in Murthal, Sonipat, Haryana, along with the plant and machinery situated there. The company has successfully deposited Rs. 10 crores with the lead bank, while the investor/buyer has deposited Rs. 190 crores, totaling Rs. 200 crores. This transaction has allowed the company to receive a No Objection Certificate (NOC) from the lead bank, indicating the release of the property and satisfaction of charges related to it.

More about Kohinoor Foods Limited.

YTD Price Performance: -17.94%

Average Trading Volume: 18,007

Current Market Cap: 1.33B INR

Learn more about KOHINOOR stock on TipRanks’ Stock Analysis page.

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