Announced Wed, 12 Aug, 2026 · 15:52 IST
Board approves sale of Mumbai property for 2.30 Crores
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved sale of Gala No. 6 (1,096 sq ft) at Kailash Commercial Complex, Vikhroli West Mumbai to ASAP Fluids Pvt Ltd for 2.30 Crores. Token of 11 lakhs already received, balance of 2.19 Crores on execution. Property is surplus and not needed for operations. Buyer is not a related party. Company plans to focus resources on its Lower Parel facility.
Likely market impact
Small non-core asset sale. Proceeds to support expansion at Lower Parel. Marginally positive for balance sheet cleanup.