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With a prestigious brand position in the market, Standard Industries Limited has always been held as one of the premier companies to grace the industry, having over a hundred years of experience in various fields, including textiles and chemicals. We have always strived to be ‘nothing less than brilliant’ in delivering our customers with the best products.
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STANDARD INDUSTRIES LTD.
   
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May 18' 2017
Standard Industries Limited has entered into an Agreement to assign TDR dated 18th May, 2017, to transfer and assign Development Rights Certificate (“DRC”) to be issued by MCGM for TDR on surrender of Reserved Land bearing  C.S. No.211 of Parel Sewree Division admeasuring about 5,413.92 sq.mtrs. (less encroached area of approximately 1000 sq.mtrs.) or such area as may be ascertained by MCGM on actual measurement at site,  at or for the consideration of Rs.41.50 Crores subject to the terms and conditions therein mentioned. This transfer, assignment and consideration will depend on grant of quantum of DRC and on the other terms and conditions specified in the aforesaid Agreement.
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