GRM Overseas Ltd has purchased the immoveable property in ghandidham presently owned by Mr. Sumit Sudhir Jindal, an Indian, adult, Occupation Business and address of same is Plot No. 328, in GIDC, admeasuring 15532.55 Sq. meters or thereabouts, situated at Mithirohar, Taluka Gandhidham, Kachchh for a total consideration of Rs. 1,54,09,382/- (Rupees One Crore Fifty Four Lacs Nine Thousand Three Hundred Eighty Two only) for the complete sell, transfer, convey, and assignment of the said plot of land.
This transaction of Purchase of property is not a related party transaction and the seller is not related to the Promoter / Promoter group / Key Managerial Personnel of the Company.