Intimation Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015 regarding Acquisition/ Purchase of Immovable Property (Land)
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Astonea Labs has completed the acquisition of a land parcel of approximately 1 Acre (7 Kanal 19 Marla 5 Sarsahi) located in Village Haripur, Tehsil Raipur Rani, District Panchkula, Haryana, for a total consideration of Rs. 2 Crore (excluding stamp duty, registration charges, and taxes). The transaction was executed via a registered Sale Deed on February 13, 2026, and has been approved by the Board of Directors. The land will be used to expand the company's manufacturing, plant, and factory facilities to support higher operational capacity and long-term growth. The seller is an unrelated third party, so this is not classified as a Related Party Transaction.
This signals a planned capacity expansion for shareholders, indicating the company is investing in future growth. The Rs. 2 Crore outlay is a meaningful capex commitment for a small company and could support higher production volumes going forward, though it also deploys cash away from operations.