Date: June 19, 2026
Board Meeting Outcomes
The company executed a sale deed on June 18, 2026 for the purchase of land/immovable property for future expansion plans.
Disinvestment / Strategic Actions
Property Details:
- Location: R.S.No.106, Kuchiyadad Village, District: Rajkot 360023
- Land Type: Uncultivated Land Plots for General Industrial Purpose
- Plot Details:
- Plot No. 7: 1473.35 Sq. Meters
- Plot No. 8: 1366.95 Sq. Meters
- Plot No. 9: 1239.10 Sq. Meters
- Total Area: 4079.40 Sq. Meters
- Total Consideration: ₹1,40,50,000/- (Rupees One Crore Forty Lakh Fifty Thousand Only)
Strategic Rationale: The purchased property is located adjacent to the company's existing facility and presents a strategic opportunity for expansion. It shall be used for the future expansion plan of the Company.
Transaction Parties:
- Purchaser: Bombay Super Hybrid Seeds Limited (First Party)
- Sellers:
- Mr. Kishorkumar Devrajbhai Kakadiya
- Mr. Jigar Pankaj Thakkar (Second Party, Seller)
Related Party Disclosure:
- One of the sellers, Mr. Kishorkumar Devrajbhai Kakadiya, belongs to the promoter group and is also a director of the Company
- The transaction is classified as a related party transaction
- The transaction was done at arm's length
- No shareholding exists between the parties
- No significant special rights or terms apply to the agreement