Intimation on sale of Doddaballapur Land

Strategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.7%Reaction day

₹38.00

prior close

₹40.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-4.1% vs market

Iron & Steel Products peers, median of 93sector+0.1%-3.8% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Microcap 250 and 3.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.7+0.4-4.1+0.1-3.8

Next day

-2.1+0.8-2.9-0.2-1.9

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15d

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+10.5-4.4+14.9-8.4+18.9

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 93Pending

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AI summary

Tulsyan NEC Ltd has completed the sale of its land located at Varadhanahalli Village, Doddaballapur Taluk, Bangalore Rural District. The sale deed and registration were executed on July 14, 2025, with the company receiving the full consideration of Rs. 26.90 crore. The buyers are third parties — Sri Panish Chandra Jawali, A S Nagaraja, Suresh, and Margdarshan Infrastructure Pvt Ltd — and none belong to the promoter/promoter group. The transaction is not a related party transaction and is outside any Scheme of Arrangement.

Likely market impact

The company has received Rs. 26.90 crore in cash from this asset sale, which strengthens its liquidity position. For shareholders, this is a one-time monetisation of a non-operating land asset and does not impact ongoing business operations.