Announced Fri, 17 Apr · 18:10 IST
RR MetalMakers completes sale of Gujarat plant for Rs 2.65 cr
Strategic Transactions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹28.60
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.1—-0.3———+3.1+1.4+109.8+116.8
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AI summary
RR MetalMakers India Ltd completed the sale of its Gujarat undertaking/plant at Talod, Sabarkantha to Ojas Ecopower Limited, Ahmedabad on April 16, 2026 for Rs 2.65 crores plus taxes. The Gujarat unit contributed Rs 3.52 cr (6.70%) of the company's Rs 52.50 cr turnover and had a negative net worth of Rs -5.30 cr as of March 31, 2025. The buyer is not a related party or part of the promoter group. Shareholders had earlier approved the sale at an EGM held on March 27, 2025.
Likely market impact
Sale offloads a small, loss-making unit (6.7% of revenue) for Rs 2.65 cr. Likely minor positive impact on stock as it streamlines operations.