What to watch. Yuken puts income from Brigade deal at ₹125 cr

Updated - March 25, 2019 at 09:37 PM.

 

Yuken India on Monday informed the exchanges that “by way of abundant caution the board has decided to consider an estimated income of ₹125 crore from Joint Development Agreement with Brigade Enterprises and to discharge the capital gain tax liability accruing on the same”. Yuken had entered into a JDA with Brigade Enterprises in 2016 for development of the company’s property at Whitefield in Bangalore. Investors of both the firms will closely monitor further developments.

Published on March 25, 2019 16:07