Announced Fri, 13 Feb · 15:53 IST

we hereby submit the disclosure of the proposal of sale of immovable property of the company

Strategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Neeraj Paper Marketing Ltd's board, at a meeting on 13th February 2026, approved the proposal to sell an immovable property located at 217, Agarwal Prestige Mall, Pitampura, New Delhi. The property currently earns rent income of just Rs. 2,10,000 per annum, contributing only 0.010% of the company's total income. No buyer has been identified yet, no sale agreement has been executed, and the consideration amount has not been disclosed. The company has confirmed this sale does not constitute the whole or substantially the whole of its undertaking under Section 180(1)(a) of the Companies Act, 2013. Further details will be shared once the sale agreement or sale deed is executed.

Likely market impact

This is a very minor, non-core asset sale with negligible financial impact — the property contributes only 0.010% of total income, so shareholders should not expect any material effect on operations or stock price.