Suraj Iron & Steel Manufacturers, a wholly owned UAE-based subsidiary of Suraj Products (BOM:518075, has acquired land in the Industrial City of Abu-Dhabi-III (ICAD-III) for an undisclosed amount, according to a BSE filing on Tuesday.
The land has been bought on a long-term lease of 50 years for setting up a proposed project.
The company's shares were down over 1% in recent trade.
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