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Gujarat Ambuja Exports Limited: Sub.:-Our Intimation Letter Dated September, Bearing Reference No

This document is a letter from Gujarat Ambuja Exports Limited informing the National Stock Exchange of India Limited and BSE Limited about their acquisition of 100% equity shares of Mohit Agro Commodities Processing Private Limited. It notes that Mohit Agro owns land and a building near Gujarat Ambuja's Kadi solvent extraction plant, which was previously used as a godown by Gujarat Ambuja. It states that Gujarat Ambuja purchased the shares of Mohit Agro at fair market value determined based on the market value of the godown property and other investments.

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Himat Khimani
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80 views1 page

Gujarat Ambuja Exports Limited: Sub.:-Our Intimation Letter Dated September, Bearing Reference No

This document is a letter from Gujarat Ambuja Exports Limited informing the National Stock Exchange of India Limited and BSE Limited about their acquisition of 100% equity shares of Mohit Agro Commodities Processing Private Limited. It notes that Mohit Agro owns land and a building near Gujarat Ambuja's Kadi solvent extraction plant, which was previously used as a godown by Gujarat Ambuja. It states that Gujarat Ambuja purchased the shares of Mohit Agro at fair market value determined based on the market value of the godown property and other investments.

Uploaded by

Himat Khimani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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GUJARAT AMBUJA EXPORTS LIMITED

CIN - L15140GJ1991PLC016151
Regd. Off.: "Ambuja Tower", Opp. Sindhu Bhavan, Sindhu Bhavan Road, Bodakdev,
P.O. Thaltej, Ahmedabad - 380 059. Phone: +91 79 - 61556677, Fax: +91 79 - 61556678
Email Id: [email protected], Website: www.ambujagroup.com

REF : GAEL\STOCK32\2020\99
Date : 11th September, 2020

-· -·- ·-.-·- - -·- -·- - ·- "l


BYE-FILING

To, To,
The General Manager- Listing Department The General Manager- Market Operations
The National Stock Exchange ofindia Limited BSE Limited
Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers,
Plot No. C/1, G Block, Bandra Kurla Complex, Dalal Street, Fort, , ,

Bandra (E), Mumbai - 400 051 Mumbai - 400 001


1
!
Ref.:- Symbol GAEL Ref.:- Security Code: 524226

Sub. :-Our Intimation letter dated 9th September, 2020 bearing reference no.
GAEL\STOCK32\2020\98

Dear Sir I Madam,

In furtherance to our above referred letter infonning the acquisition of 100% Equity shares of
Mohit Agro Commodities Processing Private Limited (MACPPL), please note that MACPPL
owns land and building near Kadi (Gujarat) solvent plant of the Company. The referred·
property was hitherto used as godown on payment oflease rent. The shares ofMACPPL have
been purchased by the Company at fair market value arrived at after considering the market
value of referred godown property on arm's length basis and other investments.

You are requested to take note of the same.

Thanking you.

ISH UPTA
mMAN & MANAGING DmECTOR

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