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Welspun Corp to sell Dahej unit assets for Rs130 crore to Laxmi Organic

As per the filing, turnover of Dahej Unit was Rs136 crore comprising of 2.09% of the Consolidated Revenues as of March 31, 2022. ....

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Board of JMT Auto approves sale of non-core assets

At meeting held on 18 January 2021The Board of JMT Auto on 18 January 2021 has decided to sell a few non-core assets of the Company comprising vacant Industrial plot, a few Residential flats and other plots of land. The total value of the asset being less than 5% of the total Net Worth of the Company as per the last
Financial Year 2019 -20.
Net Blook of Assets as on 31 March 2020 - Rs 112.35 crore
Value of Assets proposed to be sold - Rs 5.07 crore
Percentage of Assets proposed to be sold of the Net Block of Assets - 4.52%
The proceeds of the sale are to be used mainly to reduce the debt of the Company by making ....

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