Announced Fri, 26 Jun · 11:30 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———
Up moveDown movePending
AI summary
3M India's board approved sale of about 4.13 acres of land and a building (around 8,001 sq meters built-up area) in Pimpri, Pune to Ranjangaon Bio Projects and Infra LLP for Rs 82 Crore. The property is non-operational and the sale will not affect business operations. It is not a related party transaction. Definitive agreement expected around June 29, 2026.
Likely market impact
Non-operational asset sale worth Rs 82 Crore. No impact on business. Proceeds may support growth or boost cash reserves for shareholders.