MTNL’s Powai property sale
MTNL’s board approved the sale of its Powai Plot-C property in Mumbai to the Income Tax Department for ₹891.53 crore. Reports said the stock rose 17% after the approval.
Timeline
Thursday, 1 October
- Buzzing Stocks: PSU stock jumps 17% after land parcel sale for nearly ₹900 crore
MTNL’s board approved sale of its Powai Plot-C property for nearly ₹900 crore
- MTNL to sell Powai property to I-T Dept for ₹891.53 cr amid debt burden
MTNL board approved the sale of its Powai property to the Income Tax Department for ₹891.53 cr
- MTNL board approves ₹891.53 crore sale of Powai property to IT department
The board approved the sale of MTNL property in Powai, Mumbai, to the IT department
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