Autoline Industries completes sale of material subsidiary AIPL to MNSC Realty
AUTOIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Autoline Industries has completed the sale of Autoline Industrial Parks Ltd (AIPL), its erstwhile material subsidiary, to MNSC Realty & Developers Pvt. Ltd. The company and its wholly-owned subsidiary Autoline Design Software Ltd. transferred their combined ~44.78% stake. Total consideration received across all transferors: ~Rs 104.84 crore (Autoline received ~Rs 95.17 crore). AIPL had a net worth of Rs 115.84 crore as of March 31, 2025, with nil revenue contribution. The buyer is not part of the promoter group and the deal is not a related party transaction. Effective April 16, 2026.
Cash inflow of ~Rs 95 crore to Autoline; AIPL deconsolidated from books. Deal completion removes long-pending overhang; likely neutral to mildly positive.