21 Aug 07 Alok Industries subsidiary, Alok Infrastructure buys commercial office space in Mumbai

Alok Industries has informed the stock exchanges that Alok Infrastructure, a wholly owned subsidiary of Alok Industries has bought commercial office space in Mumbai in a deal which is valued at Rs. 1075 crores. Alok Infrastructure is planning at either selling the land or leasing it out. This mega Mumbai land deal boosted investor sentiments and as a result heavy buying activity was witnessed in the Alok Industries counter.

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