HOCL : SELLS 92.258 ACRES LAND TO BPCL FOR RS 166.14 CR

• Registration completed for sale of 92.258 acres of land at Rasayani to BPCL • Sale consideration at about ₹166.14 Cr; applicable TDS to be deducted from proceeds • Transaction is part of government decision to sell 242 acres at Rasayani to BPCL under HOCL restructuring • Shareholders had approved the sale of the said 242 acres of land

Hindustan Organic Chemicals Ltd

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