KRBL Wins ₹403 Crore Bid for Haryana Properties

Imagine a company that makes a popular rice brand called India Gate.

This company, KRBL Limited, bid on some land in Haryana at an auction.

They won!

The auction was held by a special group called the Justice (Retd.)

R.M. Lodha Committee.

KRBL paid a large sum, over ₹402 crore, which was much more than the starting price.

The land will be used to build things like a plant or for storing goods.

It's a big deal for the company, as it allows them to grow and expand their operations.

Also, there was an allegation made by a former board member, that is now being investigated by an external auditor.