UCAL Subsidiary Receives ₹45 Crore Land Sale Advance

Date: 02 November 2026

Transaction Update

Ucal Limited provides an update regarding the sale of a residential plot admeasuring 6.97 acres owned by its wholly owned subsidiary M/s. Ucal Polymer Industries Limited (UPIL) to M/s. Sujo Land and Properties Private Limited, a promoter group company.

Key Developments

• M/s. Sujo Land and Properties Private Limited executed the agreement to sell with UPIL on 02 November 2026
• An advance consideration amount of ₹45 Crore has been paid to UPIL
• The transaction is pending receipt of approval from Mahindra Integrated Township

Financial Contribution of Subsidiary

• Name of Subsidiary: Ucal Polymer Industries Limited (UPIL)
• Total income contributed during last financial year (31st March 2026): ₹52.27 Crore
• Percentage contribution to listed entity: 6.24%

Transaction Details

• Date of agreement execution: 02 November 2026
• Expected completion date: Tentatively before end of June 2027 (subject to receipt of approval from Mahindra Integrated Township)
• Consideration received: ₹45 Crore advance payment received on 02 November 2026
• Buyer details: M/s. Sujo Land and Properties Private Limited, promoter group company in the business of investment in properties