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Eveready sells Chennai property for Rs 72 cr

Our Bureau

Kolkata , Sept. 29

EVEREADY Industries India Ltd has struck a deal with Khivraj Tech Park Pvt Ltd to sell 2.2 lakh sq ft built-up area in a building complex at Guindy near Chennai for Rs 72 crore.

According to a letter addressed to bourses, the company stated that Rs 15 crore had been paid upfront by Khivraj Tech Park. The balance would be paid by March 31, 2006, upon the execution of a formal agreement of sale.

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