Business Daily from THE HINDU group of publications
Sunday, Dec 02, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Dec 02, 2007 ePaper | Mobile/PDA Version |
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Corporate
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Announcements Carborundum sells land for Rs 58 cr Chennai, Dec. 1 Carborundum Universal Ltd, the Murugappa Group company, has sold 4.4 acres at Pallikaranai for Rs 58 crore. According to information provided by the company to the stock exchange, the company has disposed the land and building at Pallikaranai after shifting production of coated abrasives to a new facility at Sriperumbudur, west of Chennai. The operations at the factory were closed last month. At Rs 13.18 crore an acre, it works out to about Rs 3,026 a sq. ft. - Our Bureau More Stories on : Announcements | Real Estate & Construction
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