Maan Aluminium Limited has informed the Exchange about Purchase/acquition of premises
MAANALU · price
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Maan Aluminium Limited has purchased a flat/office space on leasehold basis in New Delhi for Rs. 7.24 crores (excluding stamp duty and other charges). The property is located at Flat No. 309 & 310, 3rd Floor, Surya Kiran Building, 19 Kasturba Gandhi Marg, New Delhi. The carpet area measures approximately 2,210 sq. feet. The purchase is intended for expansion of the company's back office services. The announcement was filed under SEBI Regulation 30.
This is a relatively small real estate acquisition for back office expansion and is unlikely to have any significant direct impact on the company's stock price or operations. It represents a routine administrative expenditure rather than a major operational capex.