Intimation of Purchase of Industrial Land & Building.
Price
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Dhabriya Polywood Limited has purchased a factory premises (industrial land & building) admeasuring 2,436 sq. meters in Malviya Nagar Industrial Area, Jaipur for a total consideration of ₹22.46 crore. The property is located opposite to the company's existing factory and registered office. The new factory will be used for future expansion plans, including capacity enhancement for both new and existing product lines. The purchase has been funded through internal accruals and partial bank funding.
This ₹22.46 crore investment in adjacent industrial property signals the company's commitment to capacity expansion, which could support future revenue growth. Shareholders may view this positively as it indicates organic growth plans.