Prabhu Steel Industries Ltd has executed an agreement to sell on, July 07, 2023, affecting the sale of the Company's Land Plot area measuring 531.29 Square meter situated at Plot No 177Kh No. 180 under CRS Scheme bearing City survey no. 128 Sheet No. 149 of Mauza Nagpur Situated in small factory area for a consideration of Rs. 1,71,00,000/- on the terms and conditions mentioned therein.
The buyer is a third party buyer who does not belong to the Promoter/Promoter Group Companies and the transaction does not fall under the ambit of Related Party Transactions.