Hind Rectifiers To Sell Its Surplus Assets To Hemp Pharma Amro
2018-11-05 Merger and Acquisitions Engineering Western India
Hind Rectifiers Limited has informed the Sale or disposal of Unit(s) to Hemp Pharma Amro Private Limited. After expansion at Nasik plant, sufficient capacity is available with the company accordingly the Board proposed to sell the surplus assets. Total consideration on sale will be Rs 1.95 crores and received 10 lacs in advance. Net Turnover of the division to be sold is Rs. 4.25 crores.