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Standard Industries Ltd to explore sale of land

Standard Industries Ltd to explore sale of land ....

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Board of Standard Industries grants in-principle approval for sale of land at Navi Mumbai

At meeting held on 26 February 2021The Board of Standard Industries at its meeting held on 26 February 2021 has approved in-principle to
explore and evaluate sale / transfer / disposal of Company s undertaking
situated at Plot No.4 admeasuring 62 Acres and 10 Gunthas (equivalent to
251,934.308 square metres) lying, being and situate at Trans Thane Creek
Industrial area, Villages Ghansoli and Savali, Thane, Navi Mumbai - 400
710, subject to approval of the members of the Company or such other
approvals as may be required under the Companies Act, 2013 and other
applicable laws, which shall be in the best interest of the Company and its
stakeholders.
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