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Aditya Birla Real Estate Ltd ( (IN:ABREL) ) has provided an announcement.
Aditya Birla Real Estate Limited announced the assignment of its leasehold rights for a significant land parcel in Jhagadia, Gujarat, to UltraTech Cement Limited for Rs. 93.01 crores. This transaction, which is not a related party transaction, marks a strategic move to optimize the company’s asset portfolio, potentially impacting its financial positioning and stakeholder interests.
More about Aditya Birla Real Estate Ltd
Aditya Birla Real Estate Limited, formerly known as Century Textiles and Industries Limited, operates in the real estate industry. The company focuses on the development and management of real estate properties, providing services related to leasing and property management.
Average Trading Volume: 6,768
Technical Sentiment Signal: Hold
Current Market Cap: 186.7B INR
See more data about ABREL stock on TipRanks’ Stock Analysis page.