21 Aug 07 Kilburn Engineering sells Bhandup (Mumbai) property to HDIL

Kilburn Engineering witnessed heavy buying interest from investors after news about its property sale in Bhandup, Mumbai was reported in the media. Kilburn Engineering entered into an MOU with Housing Development and Infrastructure Limited (HDIL) to sell its property at Bhandup, Mumbai for a cash consideration of Rs. 124.69 crores. The shares of Kilburn Engineering were up by about 9% after this news broke out.

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