Corporate News 17-Oct-22
V-Mart Retail to acquire LimeRoad
For consideration of Rs 31.12 cr
V-Mart Retail has entered into a business transfer agreement dated 17 October 2022 with A.M. Marketplaces (LimeRoad) and certain other parties for the acquisition of its LimeRoad Business (as defined below in Annexure I), as a going concern, on a slump sale basis, for a lump sum consideration of Rs 31.12 crore.
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