Announced Tue, 14 Oct · 18:15 IST

Dear Sir, Please find the attached Disclosures under Regulation 30 and 37A as required by you.

Core Business DivestedStrategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Colinz Laboratories' Board, at its meeting on 14 October 2025, approved the sale of its factory at Sinnar, Nashik and its office premises at Bhandup West, Mumbai on a slump sale basis. The transactions are only enabling resolutions at this stage, with no buyer finalized and no deal price agreed. The buyer is described as an unrelated third party, with name withheld due to confidentiality. The transactions will require shareholder approval via a special resolution through postal ballot (15 October to 14 November 2025). The company says no material impact on financials is expected since consideration is expected to be roughly equal to the value of the assets being sold.

Likely market impact

This is a preliminary step, not a confirmed sale, so no immediate change in operations or stock price is expected. If completed, the asset sale would free up capital but the company has indicated it is unlikely to materially affect earnings or business operations.