Tag: Asset Sale
HOSPITALITY Embassy To Sell Sepset Jodhpur ‘Mega Mall’ To Pen India For ₹100 Cr

Embassy Developments Ltd and its wholly owned subsidiary Ceres Estate Ltd have entered into a share purchase agreement with Pen India Ltd for the sale of 100% equity in Sepset Real Estate Ltd for a total consideration of ₹100 crore. The consideration will be received in one or more tranches, and the transaction is expected […]

CW Bureau · Apr 12, 2026
RETAIL/FMCG Poomex Clothing Buys Bombay Burmah’s Tea Estate For ₹120 Cr

Tiruppur-based Poomex Clothing Company, along with four partners, has acquired the Dunsandle tea estate in Udhagamandalam from Bombay Burmah Trading Corporation Ltd (BBTC) for a total consideration of ₹120 crore. BBTC said it has already received ₹110 crore from the buyers, with the balance to be paid as per the agreement, adding that the acquirers […]

CW Bureau · Mar 28, 2026