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Siemens Ltd. - Transfer And Assignment Of Companys Leasehold Interest In The Property Located At Plot I - B At Halol. Please Refer To The Attachment.

| Updated on July 05, 2019 Published on July 05, 2019

We refer to our letter to you dated 14th February 2019.

In this connection, this is to inform you that the Company on 4th July, 2019 has transferred and assigned its leasehold interest in the property located at Plot I - B admeasuring 2,04,120.37 square meters (equivalent to 50.43 acres), Halol Industrial Area (Phase III) of village Chandrapura, Taluka: Halol, District: Panchmahal, Gujarat to LM Wind Power Blades (India) Private Limited for a total consideration of INR 158,50,00,000/- (Rupees One Hundred Fifty Eight Crores and Fifty Lakhs only).

Further, the proposed assignment of Plot I-C admeasuring 1,37,710.47 square meters for a total consideration of INR 35,00,00,000/- (Rupees Thirty-Five Crores only) is subject to receipt of all requisite statutory and regulatory approvals from the concerned authorities and signing of firm agreement.

Pdf Link: Siemens Ltd. - Transfer And Assignment Of Companys Leasehold Interest In The Property Located At Plot I - B At Halol. Please Refer To The Attachment.

Source : BSE - www.bseindia.com

Published on July 05, 2019
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