INDIABULLS SECURITIES LTD. - Share Purchase of India Land and Properties Private Limited by Indiabulls Distribution Services Limited
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| 19 Nov 2014 | |
| Indiabulls Securities Ltd has informed BSE that Indiabulls Distribution Services Limited, a wholly owned subsidiary of the Company has acquired 100% of the share capital of India Land and Properties Private Limited for a consideration of Rs. 600 crs.<br/><br/>India Land and Properties owns a commercial complex of 3 towers with a total constructed area of 2.4 million Sq. ft and leasable area of 2 million Sq. ft. The total land area of the complex is over 10 acres. Currently a portion of the towers are leased to RBS, Kone, Britannia Industries, Ajuba, Covenant, Telebuy, IBoxand others.<br/><br/>The park has been designed in compliance to the National Building Codes by the internationally acclaimed Ms. ZAHA HADID, UK, "Laureate Pritzker" Prize Winner (2004).<br/><br/>The building complex is renamed as One Indiabulls Park, Chennai. | |
| View all announcements for INDIABULLS SECURITIES LTD. | Source: BSE India |
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