Brief: Supreme Industries Signs Memorandum Of Understandings With Parvati Agro Plast And With Member Belonging To Same Family

Supreme Industries

24/08/2023 11:23

Aug 24 (Reuters) - Supreme Industries Ltd  SUPI.NS :
    * SIGNED MEMORANDUM OF UNDERSTANDINGS WITH PARVATI AGRO
PLAST AND
WITH MEMBER BELONGING TO SAME FAMILY
    * MOU FOR ACQUISITION OF ITS  PVC-O, HOPE, AND PVC PIPES
BUSINESS,
ON SLUMP SALE BASIS
    * ACQUISITION OF BUSINESS AND ORDERS & RATE CONTRACTS IN 
HANDS OF
ABOUT 2.35 BILLION RUPEES
    * ACQUISITION INCLUDING ADJOINING  CONTIGUOUS LAND AT AN
AGGREGATE
CONSIDERATION OF 1.71 BILLION RUPEES

Source text for Eikon:  ID:nNSE6k2YRQ 
Further company coverage:  SUPI.NS 

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