EMA India Ltd informed BSE that in continuation to the intimation dated 10.06.2025, the Company has received a No Objection Certificate from UPSIDA for sale of Land along with Building ....
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Awaiting price reaction for this filing.
EMA India Ltd has completed the sale of its land along with the building at Industrial Premises No. C-37, Panki Industrial Area, Udyog Nagar, Kanpur to Mr. Puneet Rajendra Gupta. The company received a No Objection Certificate (NOC) from the Uttar Pradesh State Industrial Development Authority (UPSIDA) for the transaction. On 8th August 2025, the company executed both the Deed of Surrender of Lease and the Sale Agreement for the building. The full consideration amount has already been received by the company. This follows an earlier intimation dated 10th June 2025 regarding the same transaction.
This is an asset monetization event — the company has received full cash consideration, which strengthens liquidity. However, the financial materiality depends on the sale value, which has not been disclosed in this filing, so the stock price impact is likely limited.