Hindalco Industries has agreed to sell a land parcel in Maharashtra to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore.
HindalcoBirla EstatesEkamaya PropertiesMaharashtraLand SaleReal Estate MaharashtraJul 15, 2024
The deal is worth Rs 595 crore.
The land parcel is situated in Kalwa, Maharashtra.
Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, is the buyer of the land parcel.
The transaction is subject to the signing of definitive documents, completion of customary closing conditions, and receipt of regulatory approvals.
Hindalco Industries operates across the value chain from bauxite mining, alumina refining, coal mining, captive power plants, and aluminium smelting to downstream rolling, extrusions, and foils.
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