“Everest Kanto Cylinder has entered into an asset purchase agreement with SNF Flopam India to sell its Land, Building and Electric Installations in Gandhidham, Gujarat for consideration of $29 million. The expected date of completion of sale would be April 30, 2017,” reported Mint.

Advaita Legal head of corporate Satyajit Gupta acted for SNF India.

Cogito Legal partner Kunal Kanungo acted for Everest Kanto.