Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( SEBI Listing Regulations ) Sale of Land
JSLL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jeena Sikho Lifecare Limited's Board has approved the sale of approximately 48 Bigha of non-operational land located at Service Road, Chandigarh-Bathinda Highway, Village Ramnagar, Rajpura, Patiala, Punjab to Tresco Realty Group LLP for ₹24 crores. The land transaction was executed on May 7, 2026, and approved by the Board on May 8, 2026. The company has clarified that no business operations are conducted on this land, and the sale does not constitute disposal of substantially the whole undertaking under the Companies Act. The buyer is unrelated to the promoter group, and this is not a related party transaction.
Minimal impact on the company as the land is non-operational and does not affect business continuity. The ₹24 crore inflow may improve liquidity but is not expected to materially alter financial performance.