Key Details
MICL Realty LLP, an associate of the Company, has made an application to the Registrar of Companies, Maharashtra, Mumbai (ROC) for striking off its name. The LLP had successfully completed its real estate project and has not carried on any business operations or commercial activities for a continuous period of more than 4 financial years. The LLP is entirely inoperative, has no outstanding assets or liabilities, and does not intend to pursue any future business. Consequently, the partners mutually decided to voluntarily strike off the LLP's name, and it has ceased to be an associate of the Company.
Financial and Operational Impact
As per the enclosed Annexure I, which provides information required under SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
- The percentage of amount, turnover, revenue, income, and net worth contributed by the LLP to the listed entity during the last financial year is NIL.
- All other fields in the annexure (date of agreement, completion date, consideration, buyer details, related party status, scheme of arrangement details) are marked as Not Applicable or are blank, as this is a case of voluntary strike-off and not a sale.
Date of Intimation
The intimation was made to the National Stock Exchange of India Limited and BSE Limited on October 29, 2026.