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Brief: Maxwell Industries executes MoU for sale of land & building worth 150 mln rupees

Dec 5 (Reuters) - Maxwell Industries Ltd  MAWL.NS  
    * Executed memorandum of understanding for sale of land & 
building 
    * Says deal for consideration of INR 150 million 
 
Source text: [Maxwell Industries Ltd has informed BSE that the 
Company had executed Memorandum of Understanding for sale of 
Land & Building situated at Survey No.360/13, Village Kachigam, 
Nani Daman on December 02, 2016 with Daman Poly thread Ltd for a 
consideration of Rs. 1.50 Crs, subject to terms and condition as 
specified in the MOU] 
Further company coverage:  MAWL.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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