Date: October 01, 2026
Disinvestment / Strategic Actions
Ganesh Consumer Products Limited has successfully concluded the sale of movable and immovable assets of its Hyderabad unit. The unit is located at 59/A, EPIP, Industrial Park, Pashamylaram, District-Medak, Hyderabad, 502307, Telangana, India.
The buyer is Megacity Flour Mills Private Limited. The aggregate consideration for the transaction is ₹32,50,00,000 (₹32.5 crore).
All requisite conditions for completion of the transaction have been duly fulfilled. The Sale Deed and other necessary documents were executed on October 01, 2026, which also marks the expected date of completion of the sale.
Financial Impact Assessment
The Hyderabad unit contributed 1.4% of the Company's revenue from operations during the last financial year. This indicates the unit was a relatively minor contributor to the company's overall revenue stream.
Transaction Details
Megacity Flour Mills Private Limited is not a part of Promoter/Promoter Group/Group Companies as defined under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
The transaction does not qualify as a related party transaction in terms of Section 2(76) of the Companies Act, 2013, Regulation 2(zb) of Listing Regulations, and the applicable Accounting Standards.
The transaction is not a slump sale, as indicated by the "Not Applicable" remark for slump sale disclosures.