Arkade Developers acquires Woollen & Textile Industries, ETRealty

NEW DELHI: Arkade Developers has entered into an memorandum of understanding (MoU) to acquire 100% shareholding in Woollen and Textile Industries.

This is company’s second acquisition in Bhandup West, Mumbai.

The proposed acquisition includes a land parcel admeasuring 14,363.60 sq meters for a total consideration for the deal is ₹148 crore.

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