Gujarat Poly Electronics surges on entering into deed of assignment for Gujarat land
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Gujarat Poly Electronics is currently trading at Rs. 33.55, up by 0.45 points or 1.36% from its previous closing of Rs. 33.10 on the BSE.
The scrip opened at Rs. 34.75 and has touched a high and low of Rs. 34.75 and Rs. 33.00 respectively. So far 2875 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.90 on 08-Feb-2022 and a 52 week low of Rs. 9.35 on 16-Sep-2021.
Last one week high and low of the scrip stood at Rs. 34.75 and Rs. 30.70 respectively. The current market cap of the company is Rs. 28.69 crore.
The promoters holding in the company stood at 58.91%, while Institutions and Non-Institutions held 0.02% and 41.07% respectively.
Gujarat Poly Electronics has entered into deed of assignment for Plot No. B-17/P/4 situated at GIDC, Gandhinagar, Gujarat. The company has received provisional transfer order (PTO) from Gujarat Industrial Development Corporation (GIDC) granting its permission to transfer and assign the leasehold rights, title and interest in respect of the said Sub-Plot.
The company hereby grants, assigns, releases, conveys, transfers and assures unto the Assignee, all its leasehold rights, title and interest in the Sub Plot No. B-17/P/4 aggregating to 1088.144 square meters forming part of larger land bearing Plot no. B-17/P admeasuring 6240 square meters to the Assignee subject to fulfillment of terms and conditions as mentioned in the provisional transfer order and receipt of the final transfer order from GIDC.
Gujarat Poly Electronics is a leading international manufacturer of high quality multilayer ceramic, tantalum, glass capacitors and other passive electronics components.
