Salora International, is an Indian conglomerate and the flagship company of the Jiwarajka Group announced that its board has approved the proposal for sale / divestment of the company's property situated at B-31 to 34 & B-50 to 53, Sector - 80, NOIDA - 201 305, District Gautam Budh Nagar, Uttar Pradesh to reduce debt of the company and the corresponding interest burden. The potential sale will have no adverse impact on the operations of the company

Shares of the company declined Rs 0.45, or 1.14%, to trade at  Rs 39.05.  The total volume of shares traded  was  5,862 at the BSE (12.05 p.m., Monday).