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Held on 19 December 2020The Board of Kirloskar Industries at its meeting held on 19 December 2020 has accorded its approval for acquisition of 100% equity share capital of Wellness Space Developers (WSDPL) and to make it a Wholly-Owned Subsidiary of the Company. The Board has approved the transfer of the Company s Real Estate Business Undertaking at Kothrud on a going concern basis to WSDPL by way of a Slump Sale . Business Transfer Agreement has been executed by and between the Company and WSDPL. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....