JV completes sale of manufacturing assets to Ariston for about INR 115 crore

Strategic Transactions View source PDF Explain this filing

HINDWAREAP · price

Loading chart…

▲ 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

+0.7%Reaction day

₹273.05

prior close

₹277.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.4% vs market

Consumer Durables peers, median of 187sector · industry level+0.0%+0.7% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.7 pts more than its Consumer Durables 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

+0.2

10m

+0.2

15m

-0.1

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.3+0.4+0.0+0.7

Next day

-0.3+0.8-1.1+0.0-0.4

-1.7+0.1-1.9-0.3-1.4

-1.1-0.8-0.4-1.0-0.1

-5.5-1.1-4.4-1.2-4.3

-3.1+0.2-3.2-0.8-2.2

-4.0+1.6-5.6+0.4-4.4

15d

-1.5+2.5-4.0-0.0-1.5

-11.0-2.7-8.3-3.7-7.3

-13.6-0.3-13.2-3.3-10.2

-22.7-8.9-13.7-12.7-10.0

UpDownMarket · Nifty Microcap 250Sector · Consumer Durables peers, median of 187Pending

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

AI summary

Hindware Home Innovation's 50:50 JV Hintastica has completed the sale of its manufacturing assets (land, buildings, plant and equipment) at Jadcherla, Telangana to Ariston Water Heating Products India. Consideration was lowered from INR 116 crore to INR 115 crore after a post-signing review. Sale Deed was executed on 11 December 2025, completing the transaction.

Likely market impact

Modest reduction in sale proceeds for the JV; Hindware's 50 percent share of proceeds will flow through to its accounts.