Kansai Nerolac to Sell Chennai Land for Rs 550 Crore

New Delhi: Industrial paints maker Kansai Nerolac on Monday said it has entered into an agreement with realty firm Brigade Properties to sell its land in Chennai for Rs 550 crore. "The Board of Directors of the company has approved on June 29, 2015 the sale of the company's land admeasuring 15.86 acres at Perungudi, Chennai to Brigade Properties Pvt Ltd or its Nominees/ another special purpose vehicle (SPV) formed by Brigade Group a...