Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.
ROSSARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rossari Biotech Ltd has completed the sale of office premises owned by its subsidiary Unitop Chemicals Private Limited located at Saki Naka, Mumbai. The transaction was concluded on May 21, 2026 for a consideration of Rs. 10.50 crore (including stamp duty). The buyers are Mr. Jitendra Hakaram Choudhary, Mrs. Sunita Jitendra Choudhary, and Mr. Bhrupal Jitendra Choudhary, who are unrelated to the promoter or promoter group. The transaction is not classified as a related party transaction and was conducted at arm's length.
This is a routine real estate transaction by the company and does not indicate any strategic shift in business operations. The sale proceeds of Rs. 10.50 crore may provide liquidity but is unlikely to have a significant impact on the stock given the modest size relative to the company's scale.