NSEGeneral Updates26 Jun 2026 · 26 Jun 2026, 11:30 am
General Updates
3M India Limited · 3MINDIA
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3M India Limited has informed the Exchange about the sale of a non-operational land parcel and a building in Pune, Maharashtra, to Ranjangaon Bio Projects & Infra LLP for INR 82 Crores. The sale does not impact the company's business operations and is not a related party transaction.
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Full Announcement
3M India Limited has informed the Exchange about General Updates Sale of land and building - Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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3MINDIALTD_26062026113023_Letter_to_SE_Sale_of_Land_2026.pdf
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3M India Limited
5th Floor Marksquare,
61, St Marks Road,
Bengaluru 560001, India
Tel: +91 80 22231414
www.3M.com/in
Corporate Relationship Department June 26, 2026
BSE Limited
1st Floor, New Trading Ring, Rotunda Building
P.J. Towers, Dalal Street, Fort
Mumbai - 400 001 Scrip Code - 523395
The Secretary
National Stock Exchange of India Limited
Exchange Plaza, Bandra – Kurla Complex
Bandra (E), Mumbai – 400 051 Scrip Code – 3MINDIA
Dear Sirs,
Sub: Sale of land and building - Intimation under Regulation 30 of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI
Listing Regulations”).
Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, we wish to inform
you that the Board of Directors of 3M India Limited (“the Company”) at its meeting held today,
June 26, 2026 approved sale of land admeasuring approximately ~4.13 acres and a building
situated thereon having a built-up area of approximately ~8,001 sq meters situated at the Pimpri,
Taluka Haveli, District Pune, Maharashtra to M/s. Ranjangaon Bio Projects & Infra LLP, for an
aggregate consideration of INR 82,00,00,000/- (Indian Rupees Eighty-Two Crore Only) subject to
such terms and conditions as may be agreed between the parties.
As no business operations of the Company are carried out on the said land and building being sold,
the said sale will not have any impact on the business operations of the Company. Further, the sale
of the said land and building does not constitute as an undertaking or substantially the whole of the
undertaking for the Company in terms of section 180(1)(a) of the Companies Act, 2013.
The purchaser is not related to the Promoter, Promoter Group or Group Companies of the Company
and the transaction does not fall within the ambit of Related Party Transactions. None of the
Promoters, Directors, Key Managerial Personnel or their relatives are concerned or interested,
financially or otherwise, in the aforesaid transaction.
The details required under Regulation 30 of the SEBI Listing Regulations with respect to the above
sale are enclosed as Annexure A.
We request you to please take the same on record.
Thanking you
Yours faithfully
For 3M India Limited
Pratap Rudra Bhuvanagiri
Company Secretary & Compliance Officer
Regd Office: Plot No 48-51
Electronics City, Bangalore 560100
CIN No: L31300KA1987PLC013543
Email: investorhelpdesk.in@mmm.com
Annexure-A
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with the SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th
July, 2023, SEBI Circular No. SEBI/HO/CFD/PoD2/ CIR/P/0155 dated 11th November, 2024 and
HO/49/14/14(7)2025-CFD-POD2/I/3762/ 2026 dated January 30, 2026
SN Particulars Disclosure
1 The amount and percentage of the turnover or Not applicable as the proposed transaction pertains
revenue or income and net worth contributed to sale of a nonoperational land parcel and does not
by such unit or division of the listed entity relate to sale/disposal of any undertaking.
during the last financial year
2 Details of the Transaction Sale of land admeasuring approximately ~4.13 acres
together with the buildings having a built-up area of
approximately ~8,001 sq meters situated at the
Pimpri, Taluka Haveli, District Pune, Maharashtra.
3 Date on which the agreement for sale has been The Board of Directors of 3M India Limited have
entered into today ie., June 26, 2026 approved the said
transaction. The definitive agreement for sale will be
executed separately, on or about June 29, 2026.
4 The expected date of completion of On or about June 29, 2026.
sale/disposal
5 Consideration received from such Aggregate sale consideration of INR 82 Crores to be
sale/disposal received upon execution of definitive agreements.
6 Brief details of buyers and whether any of the Ranjangaon Bio Projects & Infra LLP (LLPIN:
buyers belong to the promoter/promoter AAM2814), having its registered office at Office No.
group/group companies. If yes, details thereof 201, Global Square, Deccan College Road, CTS No.
1505/2, Sr. No. 247+14B, Plot No. 2, Yerwada, Pune
411006.
The purchaser does not belong to the Promoter /
Promoter Group / Group Company(ies) of the
Company.
7 Whether the transaction would fall within The transaction is not a Related Party Transaction.
related party transactions? If yes, whether the
same is done at “arm’s length”
8 Whether the sale, lease or disposal of the Not Applicable. The proposed transaction is not part
undertaking is outside Scheme of of any Scheme of Arrangement.
Arrangement?
If yes, details of the same including compliance
with regulation 37A of LODR Regulations
9 Additionally, in case of a slump sale, indicative Not Applicable
disclosures provided for
amalgamation/merger, shall be disclosed by
the listed entity with respect to such slump
sale.
For the purpose of this sub-clause, "slump
sale" shall mean the transfer of one or more
undertakings, as a result of the sale for a lump
sum consideration, without values being
assigned to the individual assets and
liabilities in such sales