PANAMAPETNSEPanama Petrochem Limited· LubricantsLowNeutral
Announced Mon, 6 Jul · 13:36 IST

Panama Petrochem buys Mumbai office space for around INR 41.59 crore

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PANAMAPET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹427.95
prior close
₹433.05
base price
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-0.0+0.5+0.3+0.0+0.5-3.5-0.2-0.2-2.2-0.9+14.5
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AI summary

Panama Petrochem has purchased four commercial units (701, 702, 703, and 802) at the WORQ by S. Raheja project in Khar West, Mumbai. The total consideration is around INR 41.59 crore including GST, registration charges, processing fees and other charges. The property will be used as office premises and was bought from S. Raheja.

Likely market impact

Office property purchase of around INR 41.59 crore; unlikely to materially affect operations or shareholder value.