EVEREADY INDUSTRIES INDIA LTD. - 531508 - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We refer to our letter dated December 6, 2018, whereby we had informed you that the Company had executed an Agreement for Sale dated December 5, 2018 with M/s Alwarpet Properties Private Limited (Alwarpet) for sale of the Company's land situated at Triuvottiyur Road, in Chennai, Tamil Nadu, for a consideration of Rs. 100 Crores (Rupees One Hundred Crores Only). We now write to inform you that the Company has completed the sale of the said property on October 9, 2019, with the execution of a Sale Deed in favour of M/s. Insight Retail Private Limited, a subsidiary of Alwarpet as nominated by Alwarpet, in terms of the said Agreement for Sale. The parties to the Sale Deed are not related and this would not fall within related party transactions.10-10-2019