Transindia Real Estate (TREL) has agreed to sell its Jhajjar logistics park in Haryana for ₹636.71 crore. The deal will help TREL realize substantial value and maintain zero debt. The company also divested its 10% stake in Malur Logistics & Industrial Parks for ₹4.55 crore to Blackstone funds. The deal will generate over ₹433.37 crore in cash proceeds, enabling TREL to expand its operations and invest in emerging business growth opportunities.
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