Date: September 24, 2026
Disinvestment / Strategic Actions
Hirect Limited has sold its non-operational Dehradun Plant by entering into a sale deed for the residual part of the plant. The plant is located at Village Chharba, New Khasra No. 64 to 67 & 74, Chharba Langha Road, Vikas Nagar, Dehradun 248197, Uttarakhand.
Transaction Details:
- Sale consideration: ₹4.5 Crore
- Date of agreement: September 24, 2026
- Expected completion date: September 24, 2026
- Buyers: Mrs. Avantika Saklani and Mr. Sureshchand Saklani
- Buyers are not related to the promoter/promoter group/group companies
- Transaction does not qualify as a related party transaction
- The plant was non-operational since 2023 and contributed no turnover, revenue, income, or net worth during the last financial year
Regulatory Compliance:
- Disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- This communication is in continuation of earlier communications dated June 22, 2026 and November 6, 2025
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Other Operational / Legal / Strategic Disclosures
The transaction does not fall within a Scheme of Arrangement and is not a slump sale.