Mumbai, Sept. 4 -- The acquisition is aimed at expanding the company's existing manufacturing capacity for semi-finished goods such as soles and uppers, as well as the assembly of footwear.
According to the company's exchange filing, the land is located at Plot Nos. 9, 10, 11A, 35, 36, and 37A in Sector-05 of the IIE SIIDCUL Industrial Area, Pantnagar. The land, measuring approximately 47,000 square metres, lies within the revenue village of Kalyanpur, Tehsil Rudrapur, District Udham Singh Nagar, Uttarakhand.
The transaction was formalised through the execution of a transfer deed on 2 September 2025. No regulatory approvals are required for the acquisition, apart from transfer permission from SIIDCUL.
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