TVS Emerald plans to acquire Radial IT Park in Chennai
The wholly-owned real estate arm TVS Emerald Ltd, TVS Holdings Ltd is set to acquire Radial (Phase II) IT Park Pvt Ltd and Radial (Phase III) IT Park Pvt Ltd, both involved in construction and development, for a total consideration of over Rs 575 crore.
As per the update the firm the deal is expected to close by December 31st, 2024. The firm aims to boost its revenue opportunities.
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