Bajaj Healthcare Limited has informed the Exchange about General Updates
BAJAJHCARE · price
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Bajaj Healthcare Limited has signed a Deed of Assignment and Transfer on March 17, 2026 to sell its undertaking located at Plot No. L-9/3, MIDC, Tarapur, Palghar, Maharashtra to Bethany Pharmacare Private Limited for approximately Rs. 2.50 Crores. The undertaking was not operational during the last financial year and contributed nothing to the company's turnover, revenue, or net worth. The buyer is an independent third party and the deal is not a related party transaction. The company had already obtained prior shareholder approval for such disposal via postal ballot on August 05, 2023, and has complied with SEBI LODR Regulation 37A. The transaction will be completed once conditions in the Deed are fulfilled.
Very limited financial impact — the asset was idle and earned no revenue, so the Rs. 2.50 Crore inflow is small and mainly a cleanup of non-operational assets rather than a strategic shift. Shareholders are unlikely to see any meaningful change in earnings or stock price from this deal.