Aarti Industries Sells Shanti Intermediates Stake

Transaction Details

Aarti Corporate Services Limited, a wholly owned subsidiary of Aarti Industries Limited, has sold its entire 100% equity stake in Shanti Intermediates Private Limited. With the completion of this transaction, Shanti Intermediates Private Limited has ceased to be a step-down subsidiary of the company.

Financial Impact Assessment

As per audited financial statements as on March 31, 2026:

• Total Income Contribution: ₹880.55 lakhs, representing 0.11% of consolidated income
• Net Worth Contribution: Negative (₹147.80 lakhs), representing (0.02%) of consolidated net worth

Transaction Timeline

• Agreement Date: June 23, 2026
• Completion Date: June 23, 2026

Consideration Details

• Sale Consideration: ₹150.18 lakhs

Counterparty Information

• Buyers: Mr. Vallabh Bachubhai Trada & Ms. Rekha Vallabhbhai Trada
• Relationship: Buyers do not belong to Promoter/Promoter group category

Regulatory Classification

• Related Party Transaction: Yes
• Transaction Basis: Conducted at arm's length