๐๐น๐ผ๐๐ฑ๐ ๐๐ป๐ด๐ถ๐ป๐ฒ๐ฒ๐ฟ๐ถ๐ป๐ด ๐ช๐ผ๐ฟ๐ธ๐ ๐๐๐ฑย has recently informed exchanges that the company has signed a Memorandum of Understanding (MoU) with ๐๐ ๐๐ข ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ for land acquisition.
The MoU includes the purchase of a substantial land parcelย measuringย ๐ฎ๐ฑ ๐ต๐ฒ๐ฐ๐๐ฎ๐ฟ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฐ๐ด ๐ฎ๐ฟ๐ฒ๐ (๐ฎ, ๐ฑ๐ฐ, ๐ด๐ฌ๐ฌ ๐๐พยท ๐บ๐๐ฟ๐). This site has been designated for ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐๐๐ฒ.
Key Highlights of the Land Acquisition
- Land Size: 25 hectares and 48 acres (2,54,800 sq. mtrs)
- Purpose: Industrial development
- Parties Involved: Lloyds Engineering Works Ltd and EMCO Limited
Transaction Details
- No related-party implications
- No special rights or restrictions mentioned
- Financial details to be disclosed in future communications
This acquisition demonstrates that Lloyds Engineering Worksย has the potential for expansion and growth. Further information about the transactionโs financial aspects areย expected to be revealed later.
