BSEPBM Polytex Ltd-$MediumPositive
Announced Wed, 17 Dec · 11:26 IST

Intimation under Regulation 30 of SEBI(LODR) Regulations 2015 regarding Sale of land is enclosed.

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.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

PBM Polytex Ltd has sold a plot of land measuring about 11,800 square meters in Saoner, Nagpur, Maharashtra (Survey Nos. 227, 228, 229) for Rs. 6.22 crores. The Board had approved the sale on 14th November 2025, and the sale agreement was signed on 12th December 2025 with completion expected immediately. The buyer is Luvkush Corporation Private Limited, an unrelated third party with no connection to the promoters or group companies. The transaction is not a related party deal and is not part of any scheme of arrangement. The company has confirmed that the land does not form part of its core undertaking, making this a routine asset disposal rather than a major restructuring move.

Likely market impact

This is a small, one-off asset sale worth Rs. 6.22 crores that the company has explicitly clarified does not affect its main business operations. It is unlikely to have any meaningful impact on the stock price, though it brings in a small cash inflow for the company.