Announced Fri, 3 Jul · 16:27 IST
Talbros Engineering to buy Pithampur industrial premises for Rs 25 crores
Capex & Operations View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹705.40
prior close
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base price
After-mkt
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AI summary
Talbros Engineering will purchase a 40,000 sq. ft. industrial premises at Pithampur, Madhya Pradesh from M/s Lakhani Rubber Products for Rs. 25 crores. The acquisition is aimed at future expansion and new projects. The seller is not a related party. Updates on start of commercial production will be shared later.
Likely market impact
Signals capacity expansion plans. Positive for long-term growth, near-term impact depends on how soon the new unit is utilised.