Don’t miss the latest developments in business and finance.

Container Corporation of India hands over Mulund terminal to Railways

Image
Capital Market
Last Updated : Nov 11 2020 | 11:50 AM IST
Container Corporation of India has decided to surrender/ hand over its ICD, Mulund (NGSM) terminal of the Company w.e.f. 31 December 2020 which is built on the land taken on lease from the Railways.

As per the Company's assessment, the above surrender/ handover of the terminal to the Railways will not impact the business of the Company materially. The turnover from this terminal for FY 2019-20 was Rs.47.63 crores , net fixed assets deployed at this terminal was Rs.5.45 crore.

Powered by Capital Market - Live News

Also Read

First Published: Nov 11 2020 | 11:22 AM IST

Next Story