DCM Shriram Limited has informed the Exchange about Sale or disposal for land at Telangana.
DCMSHRIRAM · price
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DCM Shriram Limited has completed the sale of surplus land admeasuring 5 Acres 38.56 Guntas located at Mokila Village, Shankarpalle Mandal, Ranga Reddy District, Telangana State. The transaction was completed on 4th May 2026 for a total consideration of Rs. 70.65 crores. The buyer is Skade Realty LLP, a Limited Liability Partnership based in Hyderabad, which is not part of the promoter or group companies. The company clarified this is not a related party transaction and does not fall under any scheme of arrangement. Since this is a sale of surplus asset rather than a business unit, details of turnover contribution were not applicable.
The sale of surplus land for Rs. 70.65 crores will provide one-time cash inflow to the company, which could improve liquidity or reduce debt. Since the land was surplus and not generating revenue, this should have minimal impact on ongoing operations.