Transaction Details
Suryam India Minecorp Private Limited, a wholly owned subsidiary of Royal India Corporation Limited, transferred 9,00,981 equity shares representing 10% of the paid-up equity share capital of Exclusive Quarries Private Limited (EQPL) to Sumantra Techsoft Private Limited.
Financial Consideration
The consideration received for the transaction was ₹1,44,15,696 (Rupees One Crore, Forty-Four Lakhs, Fifteen Thousand, Six Hundred and Ninety-Six Only).
Transaction Timeline
- Date of completion of sale/disposal: July 31, 2026
- Date of intimation to Royal India Corporation Limited: August 03, 2026
- No share purchase agreement was executed for this transaction
Ownership Changes
- Shareholding before transfer: 51%
- Shareholding after transfer: 41%
- EQPL has ceased to be a subsidiary of Suryam India Minecorp Private Limited and accordingly will cease to be a stepdown subsidiary of Royal India Corporation Limited
Counterparty Information
The buyer is Sumantra Techsoft Private Limited, located in Bhopal, Madhya Pradesh. The buyer does not belong to the promoter/promoter group/group companies.
Financial Impact Assessment
The disclosure includes standalone financial figures of Exclusive Quarries Private Limited as on March 31, 2026, though specific revenue, profit before tax, and net worth numbers are not quantified in the provided data.
Filing Details
- BSE Code: 512047
- Company CIN: L45400MH1984PLC032274
- Signed by Nitin Gujral, Director (DIN: 08184605)
- Date of filing: August 03, 2026