GRM Overseas has purchased immovable property, and plant & machinery in GIDC Estate, Gujarat, via a public auction held by Punjab National Bank. The auction was held by the bank to recover debt due to it from United Foods Pvt Ltd. The company will pay ₹9.15 crore for the immovable property and ₹2.5 crore for the machinery. The stock of GRM Overseas slipped 2.27 per cent at ₹215 on the BSE.
Company news: GRM Overseas
Published on
March 19, 2019 17:08