Date: June 22, 2026

Disinvestment / Strategic Actions

  • The Company has entered into a sale deed for the sale of a part of its non-operational Dehradun plant
  • Plant location: Village Chharba, New Khasra No. 64 to 67 & 74, Chharba Langha Road, Vikas Nagar, Dehradun 248197, Uttarakhand
  • Sale consideration: ₹5 Crore
  • Date of agreement: June 22, 2026
  • Expected date of completion: June 22, 2026
  • Buyer: Mrs. Pratima Saklani, who is not related to the promoter/promoter group/group companies
  • Transaction does not constitute related party transaction
  • The plant was non-operational since 2023 due to product obsolescence with no machinery remaining
  • The transaction does not fall under related party transactions and is not part of any Scheme of Arrangement

Financial Impact

  • The plant contributed no turnover, revenue, income, or net worth during the last financial year as it was non-operational since 2023