Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015.
ROSSARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rossari Biotech's material subsidiary Unitop Chemicals Private Limited has completed the sale of its office premises located at Saki Naka, Mumbai. The transaction was completed on May 21, 2026, for a total 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 not related to the promoter or promoter group. The transaction is not classified as a related party transaction and was conducted at arm's length.
The sale provides Rs. 10.50 crore in cash to the company from asset monetization. This is a one-time non-recurring gain and does not affect the core biotech operations. Shareholders may view this positively as it strengthens the balance sheet, though it does not change the fundamental business outlook.