Held on 07 October 2014
Maxwell Industries announced that the Board of Directors of the Company at its meeting held on 07 October 2014, have approved the Memorandum of Understanding to be executed with Nisi Metals for the sale of Company's non-operative unit situated at C-119, TTC Industrial Area, MIDC, Navi-Mumbai, Maharashtra "as is where is basis". The consideration for this transaction is Rs 9 crore, on the terms and condition as set out in the Memorandum of Understanding.Powered by Capital Market - Live News
