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Standard Inds transfers land for 2.3 bln rupees

MUMBAI, April 25 (Reuters) - Chemicals firm Standard Industries Ltd said on Friday it will receive 2.3 billion rupees from a unit of Singapore's CapitaLand for rights to develop 30 acres near Mumbai.

The company had signed the deal with CapitaLand in January, but had not disclosed financial details. (Reporting by Prashant Mehra; Editing by Prem Udayabhanu)