KSDL MD for retaining the land

 
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.

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.