Announced Wed, 22 Jul · 14:04 IST
NACL Industries to sell entire stake in Nasense Labs for Rs 8.15 cr
Strategic Transactions View source PDF
NACLIND · price
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Price reaction · full curve 14 horizons · vs prior close
-9.2%1-day move
₹211.80
prior close
₹224.90
base price
In-mkt
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+4.3+0.3-2.6-2.6-9.2-6.3-9.3-13.0——————
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AI summary
NACL Industries board approved selling its entire equity stake in associate company Nasense Labs Private Limited to Mr. Kanumuru Satyanarayana Raju for Rs 8.15 crore. Nasense Labs contributed about 10.93% of revenue and 18.12% of net worth in FY25. The buyer is not a promoter or related party. Transaction expected to complete within three months, after which Nasense Labs will cease to be an associate.
Likely market impact
Minor divestment worth Rs 8.15 crore from an associate firm. Small cash inflow expected in three months. No promoter or related party involvement.