3M INDIA : SALE OF LAND AND BUILDING APPROVED FOR RS 8200 CR

• Board of Directors approved sale of ~4.13 acres land and ~8,001 sq meters building at Pimpri, Pune • Aggregate consideration is ₹82,00,00,000/- • Sale does not impact business operations and is not an undertaking sale under Companies Act, 2013 • Purchaser is M/s. Ranjangaon Bio Projects & Infra LLP, not a related party • Transaction is not a Related Party Transaction • Details as per Regulation 30 of SEBI Listing Regulations enclosed as Annexure A Impact: Neutral (Non-operational asset sale with no business impact)

3M India Ltd

Open attachment

← Back to feed