Ganesh Benzoplast Divests LST Business to KKR for INR 1,154 crore

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsCfo Debt Reduction RoadmapMgmt Evaded Key QuestionInvestor Communications View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹101.00

prior close

₹98.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.2% vs market

Oil peers, median of 16sector · industry level-0.0%-1.0% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.0 pts less than its Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+6.9

10m

+4.5

15m

+6.9

30m

+5.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.2-1.2-0.0-1.0

Next day

-4.2+0.9-5.1+1.1-5.3

-8.3-0.8-7.5+0.3-8.6

-7.3-0.1-7.2-0.7-6.6

-11.9-1.7-10.1-2.3-9.6

-15.8-4.3-11.5-6.0-9.8

-14.2-7.5-6.7-7.2-7.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Oil peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Selling liquid tank farm business at JNPA, Goa, and Cochin to KKR for INR 1,154 crore total. First tranche of about INR 500 crore expected by January 2027, INR 300 crore by March 2027, balance INR 354 crore over 12 to 18 months. Of first tranche, INR 200 crore for buyback and dividend with promoters not participating, INR 190 to 200 crore for debt repayment, INR 100 crore for chemical and EPC expansion. Targets combined profit after tax of INR 210 crore in 4 to 5 years from about INR 70 crore now.

Likely market impact

Shareholders get about INR 200 crore via buyback and dividend. Promoter holding to rise. Company pivots from storage to chemical and EPC.