At meeting held on 04 July 2016
Elantas Beck India announced that the Board of Directors of the Company vide its resolution dated 04 July 2016 passed by circulation has granted it's in principle approval for the sale of Company's Property at S. No. 155, Mumbai-Pune Road, Pimpri Waghere, Pune - 411018 approx. of 6239 sq. mt. to M/s. Sukhwani Associates, Pune. The approval is subject to the terms and conditions to be agreed vide Memorandum of Understanding to be executed between the Company and M/s. Sukhwani Associates.The proposal will be finally approved at the forthcoming meeting of the Board scheduled to be held on 27 July 2016.
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