Intimation for Execution of Invoice for Sale and disposal of Solar Plant of the company.
Price
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Awaiting price reaction for this filing.
Lippi Systems Ltd has executed a sale invoice on 18th November 2025 for the sale of its solar plant located at the factory premises in Rakanpur, Kalol, Gandhinagar, Gujarat. The plant has been sold to Kshetrapal Realty LLP, an unrelated third-party buyer, for a total consideration of Rs. 53.55 lakh (Rs. 51 lakh base price plus 5% GST). The Board of Directors had originally approved this sale and disposal on 30th May 2024. The transaction is not a related party transaction, and the buyer holds no equity in the company.
This is a routine disposal of a captive solar power asset for a modest sum (~Rs. 53.55 lakh), with no impact on the company's core printing and packaging business. The sale is unlikely to materially affect shareholder value or stock price.