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Corporate News
02-Mar-17
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Surya Roshni to acquire Him Furnitech Engineering
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For lump-sum consideration of Rs 4.35 crore
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Surya Roshni announced that the Company Board has approved the acquisition of the business named ‘HFL' belongs to Him Furnitech Engineering engaged in the business of manufacturing, distribution and sale of LED lamps, tube lights, Street lights, HID lamps, decorative light & furniture items etc. including manufacturing unit situated at Khasra No. 816 & 817 MIN, Mahuakheraganj, Kashipur, District U.S. Nagar, Uttarakhand, having exemption of Excise, Income Tax and partial CST, as per the terms stated in the Business Transfer Agreement between the parties on slump sale basis at a lump-sum consideration of Rs. 4.35 crore.
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