Godrej Agrovet Limited has informed regarding entering into an Agreement for sale / transfer of leasehold rights of land situated at Sachin, Gujarat, for a total consideration of Rs. 35 Crore.
GODREJAGRO · price
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Godrej Agrovet Limited has signed an agreement dated March 18, 2026, to sell and transfer the leasehold rights of industrial land and plots (247/1 and 247/2) located at GIDC Sachin Industrial Estate, Surat, Gujarat. The total consideration for the transaction is Rs. 35 Crore. The land was held on a leasehold basis in the company's name. The company has disclosed this under SEBI Listing Regulations as a material event.
This is a one-time land monetisation that will bring in Rs. 35 Crore of cash for Godrej Agrovet, with no impact on its ongoing operations. The amount is small relative to the company's size, so the effect on the stock price is likely to be neutral.