Announced Fri, 19 Jun · 22:31 IST
JSLL sells Mohali land and building for Rs 9.05 cr, will lease back for operations
Strategic Transactions View source PDF
JSLL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹558.30
prior close
₹563.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.2+2.7+3.8+3.4+5.3+3.8+7.8+5.6+6.4+3.0+1.9+0.3——
Up moveDown movePending
AI summary
Jeena Sikho Lifecare board approved sale of land and building at Village Devinagar, Derabassi, Punjab (about 11 Bigha) to M/s VSB Enterprises for Rs 9.05 crores. Carrying value is about Rs 3.35 crores (0.72% of net worth), suggesting a book gain of about Rs 5.7 crores. The premises contributed about 6% of FY26 revenue (Rs 46.47 crores). Company will continue operations via a lease-back arrangement with the buyer. Transaction is not a related party deal.
Likely market impact
Asset monetization via sale-leaseback; expected book gain of about Rs 5.7 crores with no disruption to business operations.