La Tim Metal & Industries Ltd

Pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulation 2015 We wish to inform you that the La Tim Sourcing (India) Private Limited (Subsidiary of La Tim Metal & Industries Limited) subsidiary of company has decided to the sale of Land Parcel of 417.4 Gunta situated at village Pali Taluka- Sudhagarh District- Raigarh Maharashtra - 410205 to IRA Latim Farm LLP (Purchaser) at the total consideration of 7.56 Crores to be received into 3-6 months period. The said fund to be utilized for the repayment of debt and working capital of the company.