Company Update - Transfer of Leasehold Rights of Jammu Facility

Jyothy Labs Limited (Scrip Code: BSE 532926, NSE JYOTHYLAB) disclosed a Board-approved transaction involving the transfer of leasehold rights for its Jammu manufacturing facility.

Transaction Details

  • Asset Description: Manufacturing facility situated at Lane 2, Phase II, SIDCO Industrial Complex, Bari Brahmana, Jammu & Kashmir – 181133
  • Property Size: 15 kanals or thereabout
  • Transaction Type: Transfer and assignment of leasehold rights
  • Counterparty: M/s. Aikyam Flexipack Private Limited
  • Consideration Amount: Approximately ₹9.93 crores

Timeline and Conditions

  • Board Approval Date: August 12, 2026 (meeting held today)
  • Expected Completion: On or before March 31, 2027
  • Conditions: Subject to fulfilment of certain conditions as mutually agreed between the parties

Financial Impact

The disclosure does not quantify the specific financial impact of this transaction on the company's financial statements.