Announced Fri, 26 Jun · 11:26 IST
3M India to sell Pune land and building for Rs 82 crore
Strategic Transactions View source PDF
3MINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹33485.00
prior close
₹33380.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.0—-0.9-0.0+1.7+5.3+5.1+2.8+5.0———
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AI summary
3M India board approved sale of about 4.13 acres of land along with a building of about 8,001 sq meters at Pimpri, Pune to Ranjangaon Bio Projects and Infra LLP for an aggregate consideration of Rs 82 crore. The property is non-operational and carries no business activity, so the sale will not affect company operations. The buyer is unrelated to promoters or group companies. Definitive agreement expected on or about June 29, 2026.
Likely market impact
Non-core asset sale bringing in about Rs 82 crore cash. No impact on business operations or earnings.