Announced Thu, 17 Sept, 2026 · 07:32 IST

Goodricke Group sells artworks for about INR 27.75 Crores via auction

Strategic Transactions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.9%Reaction day

₹217.10

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+2.1% vs market

Tea & Coffee peers, median of 20sector+0.3%+2.7% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.7 pts more than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+0.8+2.1+0.3+2.7

Next day

+7.8+2.5+5.3+0.0+7.8

+5.9+2.3+3.6-0.5+6.4

+6.9+2.8+4.1-1.2+8.0

+7.4+4.1+3.3+0.0+7.4

+5.5+2.5+2.9-1.4+6.9

+5.0+1.2+3.8-1.6+6.6

15d

+4.1-0.8+4.9-2.5+6.6

+1.3-1.7+3.0-4.1+5.4

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UpDownMarket · Nifty Microcap 250Sector · Tea & Coffee peers, median of 20Pending

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

AI summary

Goodricke Group sold artwork collections, classified as non-core assets, through a public auction held on September 16, 2026, for aggregate proceeds of about INR 27.75 Crores. The bid value crossed the applicable materiality threshold. The Board approved the sale as a strategic move to unlock value and refocus on core business. The artworks are not part of the company's operations, and the transaction is not a related party deal. Proceeds will positively impact the company's cash position.

Likely market impact

Positive cash inflow of about INR 27.75 Crores from a non-core asset sale; no effect on core tea operations.