RDB Infrastructure and Power Ltd has entered into a landmark agreement to sell land valued at ₹600 million, marking a significant milestone in the company’s strategic asset management. This transaction underscores RDB’s commitment to optimizing its portfolio and unlocking value for stakeholders.
The land sale involves a prime property strategically located within municipal limits, making it a lucrative deal for both the company and the buyer. The agreement is expected to bolster RDB’s financial position, providing resources for future growth initiatives and operational enhancements.
Key Highlights:
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- RDB Infrastructure and Power Ltd finalizes a ₹600 million land sale agreement.
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- The property is strategically located within municipal limits, enhancing its value.
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- Proceeds from the sale are expected to strengthen the company’s financial position.
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- The transaction aligns with RDB’s long-term vision of sustainable growth and profitability.
Sources: Trendlyne, Live Mint, Times Now Navbharat