Tata Communications said it has sold a piece of land in
Chennai for over Rs 192 crore in line with its objective of monetising non-core
assets.
In a filing to the BSE, Tata Communications said “The
firm has completed a sale transaction of the land parcel & building
situated at Nungambakkam, Chennai, for a transaction value of Rs. 192.3 crore.
The above transaction is in line with the company’s objective of monetising its
non-core assets.”
This land parcel & building was earlier being used as
a staff housing colony. The company has received the payment of entire amount
of Rs. 192.3 crore, the filing added.
No comments:
Post a Comment