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The Hindu

National

Special Correspondent

Govt. to pay stamp duty on lease agreement of Nirani Sugars Ltd.

The State government has decided to pay stamp duty of ₹24.3 crore to execute the lease agreement with Nirani Sugars Ltd., for operating the Pandavapura sugar factory in Mandya district.

Speaking to reporters on decisions taken at a Cabinet meeting here on Friday, Minister for Law and Parliamentary Affairs J.C. Madhuswamy said Nirani Sugars Ltd., a company owned by Minister for Industries Murugesh Nirani, has been asked to reimburse the stamp duty to the government during the 10-year period.

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