Colinz Laboratories Limited has made a regulatory disclosure to the Bombay Stock Exchange regarding the completion of sale of its factory undertaking and receipt of final payment.

Transaction Details

  • Date of Agreement: MOU cum deed of assignment executed on January 26, 2026 and Assignment of Leasehold Rights on 18th June 2026
  • Date of Completion: 18th June 2026
  • Total Consideration: ₹4,00,00,000/- (Rupees Four Crores Only)
  • Buyer: M/s. Hilsun Foods And Drugs Private Limited (CIN U51101MH2014PTC258609)
  • Buyer's Address: C-103, Rameshwar, Neelkanth Heights, Pokhran Road No. 2, Thane West - 400606

Additional Information

  • The buyer is an unrelated third party not forming part of the promoter or promoter group of the Company
  • The transaction does not qualify as a related party transaction
  • The transaction is outside any Scheme of Arrangement
  • The disclosure relates to sale of immovable property, hence turnover/revenue contribution details are not applicable