Nature of Transaction: Purchase/Acquisition of immovable property
Property Description: Factory Premises
Location: No.504, Peenya IV Phase, Industrial Area, Bangalore-560058
Area: 1600 square meters
Date of Acquisition: August 25, 2026
Purchase Consideration: ₹172.05 million
Mode of Consideration: Banking channels
Seller/Transferor: M/s Balaji Industries, Proprietor: Sri. P.S. Balaji Prasad
Financial and Strategic Details
Related Party Transaction: Not a related party transaction
Source of Funds: Internal accruals
Strategic Rationale: The acquisition supports the Company's business operations and facilitates future expansion by establishing additional manufacturing facilities to meet long-term strategic requirements. It is expected to enhance operational capabilities and provide adequate infrastructure for anticipated business growth.
