Kirloskar Pneumatic Company Limited
Main Body
The Government of Maharashtra, through Maharashtra State Infrastructure Development Corporation, acquired 7,200 square meters of land owned by the company situated at Panchak, District Nashik. The total sale consideration for this land acquisition amounts to ₹11.04 Crores. The acquisition is made on account of the proposed Ring Road project at Nashik.
The company specifically states that this land acquisition has no impact on its Nashik plant operations.