Main Disclosure – Asset Sale Details
Asset Sold: 3.48 acres of freehold land situated at 154, Velachery Main Road, Velachery, Chennai, Tamil Nadu, India
Counterparty/Buyer: Canopy Living LLP
Total Consideration: ₹361.18 crores
Payment Status: ₹200 crores received till date; balance consideration to be received as per agreement terms
Transaction Completion: Possession transferred and sale recorded on September 30, 2026
Mode of Transaction: Agreement to Sell with fulfillment of stipulated conditions
Regulatory Reference: Compliance disclosure under SEBI LODR regulations, referencing previous letters RML/SE/038/2025-26 dated June 17, 2025 and RML/SE/042/2025-26 dated June 27, 2025
Nature of Asset: Surplus land parcel (non-core real estate asset)
Other Updates
No other disclosures are present in the document.