<p> <br />The KSDL has stated that the MD had in fact suggested for retaining the land for infrastructure development by leasing the land to private parties for a period of 30 years and use that amount for modernisation of the company and take back the assets at zero cost after the end of the lease period.<br /><br />The company was responding to the news item “Murugesh Nirani rules out sale of land owned by Karnataka Soaps and Detergents Limited” published in the Deccan Herald dated August 10.<br /></p>
<p> <br />The KSDL has stated that the MD had in fact suggested for retaining the land for infrastructure development by leasing the land to private parties for a period of 30 years and use that amount for modernisation of the company and take back the assets at zero cost after the end of the lease period.<br /><br />The company was responding to the news item “Murugesh Nirani rules out sale of land owned by Karnataka Soaps and Detergents Limited” published in the Deccan Herald dated August 10.<br /></p>
