BSECella Space LtdHighNeutral
Announced Fri, 15 May · 24:55 IST

100% sale of Wholly owned Subsidiary M/s Vijay Logistics Parks Private Limited

Strategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹14.01
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AI summary

Cella Space Ltd has completed the sale of its wholly-owned subsidiary, Vijay Logistics Parks Private Limited, to Aura Space Industrial Warehousing Private Limited. The net consideration received is Rs. 16.32 crore. The agreement was entered on March 18, 2026, and the transaction was completed on May 14, 2026. The subsidiary contributed Nil to the company's turnover or revenue and net worth during the last financial year. The buyer is not part of the promoter group, and the transaction is not a related party transaction.

Likely market impact

The sale has no impact on the company's revenue as the subsidiary had zero contribution. The transaction provides cash infusion of approximately Rs. 16.3 crore to the company and reduces its subsidiary count by one.