Date: August 20, 2026

Asset Sale Disclosure

The company has sold commercial premises on the 33rd floor of 'The Ruby' along with car parking spaces. The transaction details are as follows:

  • Property: Commercial premises on 33rd floor of 'The Ruby' with parking spaces
  • Transaction Date: Agreement entered into on August 19, 2026
  • Completion Date: August 19, 2026 (same day completion)
  • Consideration: ₹124.08 Crores
  • Buyer: Torrent Pharmaceuticals Limited

Transaction Details

  • The buyer does not belong to the promoter/promoter group/group companies of The Ruby Mills Limited
  • The transaction does not fall under related party transactions
  • The sale is outside any Scheme of Arrangement and independent of any restructuring
  • As the property was vacant, the disclosure regarding turnover/revenue/income and net worth contribution is not applicable