Corporate News 20-Dec-23
Board of HLV approves sale of land in Hyderabad
At meeting held on 20 December 2023
The Board of HLV at its meeting held on 20 December 2023 has approved the sale of land owned by the company at Hyderabad and execution of “Agreement of SaleCum-Irrevocable General Power of Attorney” in favour of Kadiyala Subba Rao the Managing Partner and authorised representative of M/s. Sri Venkateswara Constructions buyer of Company's land in Hyderabad on “as is where is basis” that is subject to taking over all the pending litigations and rival claims of diverse parties on Hyderabad Land for a total consideration of Rs. 84,42,05,254/-. This includes Rs.44,42,05,254/- paid by him towards the settlement of the claim of PBSAMB Projects Private Ltd. on the land with the intervention before the executing court i.e. City Civil Court, Hyderabad in discharge of Company's liability towards PBSAMB Projects Private Ltd. under the Arbitral Award dated 8th September, 2019.
Previous News
HLV standalone net profit declines 4.08% in the March 2024 quarter
( Results - Announcements 24-May-24 16:23 )
HLV announces board meeting date
( Corporate News - 13-May-24 14:56 )
HLV standalone net profit rises 209.42% in the December 2023 quarter
( Results - Announcements 12-Feb-24 16:30 )
HLV to hold board meeting
( Corporate News - 31-Jan-24 12:30 )
Swelect Energy Systems Ltd leads gainers in 'B' group
( Hot Pursuit - 23-Jan-24 12:16 )
Board of HLV approves sale of land in Hyderabad
( Corporate News - 20-Dec-23 11:53 )
HLV reports standalone net profit of Rs 2.02 crore in the September 2023 quarter
( Results - Announcements 10-Nov-23 15:16 )
HLV to hold board meeting
( Corporate News - 03-Nov-23 13:58 )
Hercules Hoists Ltd leads gainers in 'B' group
( Hot Pursuit - 31-Aug-23 12:15 )
HLV reports standalone net profit of Rs 1.90 crore in the June 2023 quarter
( Results - Announcements 10-Aug-23 14:19 )
HLV to announce Quarterly Result
( Corporate News - 31-Jul-23 17:42 )
Other Stories
One 97 Communications allots 2.81 lakh equity shares under ESOS
08-Jul-24 09:15
Coforge acquires 27.98% stake in Cigniti Technologies
08-Jul-24 09:09
Man Industries wins order of Rs 1,850 cr
08-Jul-24 09:02
Vardhan Capital & Finance schedules AGM
06-Jul-24 17:34
Automotive Axles schedules AGM
06-Jul-24 17:34
Maruti Infrastructure to conduct AGM
06-Jul-24 17:34
Torrent Power schedules AGM
06-Jul-24 17:34
Raghav Productivity Enhancers to hold AGM
06-Jul-24 17:34
Berger Paints India schedules AGM
06-Jul-24 17:33
Walpar Nutritions to conduct AGM
06-Jul-24 17:33
Back
Top
