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Signed definitive deals to sell liquid storage tank business at JNP, Goa, Cochin and rail logistics subsidiary to KKR-backed Cisternina for Rs1,154 crore via slump sale, closing in tranches over 18-24 months pending approvals. Plans buyback consideration, chemicals/EPC expansion, plus Rs280 crore EPC work from buyer.
Ganesh Benzoplast Approves ₹1,154 Crore LST And Rail Sale To KKR-Backed Buyer
Ganesh Benzoplast Wins As Supreme Court Dismisses Progfin Insolvency Appeal
Ganesh Benzoplast NCLAT Dismisses Insolvency Appeal By Progfin