Munjal Auto Industries LimitedMUNJALAUNSE
Munjal Auto Industries agrees to acquire land in Vitthalapur for business expansion
As filed · Munjal Auto Industries Limited has informed the Exchange regarding ' Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements'.
BusinessImprovingMinormateriality 48 out of 100
What happened
FactMunjal Auto Industries entered into an agreement with Mascot South Asia LLP on September 12, 2026, to purchase land at Mascot Industrial City, Vitthalapur, Ahmedabad. The filing states that the acquisition is intended to support business expansion and increase market share; the seller is not part of the promoter group and the transaction is not a related-party transaction.