India's Wadia-owned Bombay Dyeing to sell land for $627 mln

Sumitomo Realty & Development Co

13/09/2023 14:05

(Repeats to add instrument code for Japan's Sumitomo, no change
to text, headline)
       BENGALURU, Sept 13 (Reuters) - Bombay Dyeing and
Manufacturing Company Ltd  BDYN.NS  will sell a land parcel in
Mumbai for about 52 billion rupees ($626.62 million) to a unit
of Japan's Sumitomo Realty and Development Co, the retail and
textiles company said on Wednesday.

($1 = 82.9855 Indian rupees)

 (Reporting by Nishit Navin in Bengaluru; Editing by Maju
Samuel)
 ((Nishit.Navin@thomsonreuters.com;))