BSECompany Update1d ago · 30 Oct 2026, 03:41 pm
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
JK Agri Genetics Ltd · 536493
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JK Agri Genetics Ltd has approved the transfer of its leasehold rights in a non-operational immovable property to Sai Life Sciences Limited for ₹19.80 crore, subject to terms and conditions.
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JK Agri Genetics Ltd - 536493 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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JKAGL: SECTL: SE: 2026 Date: 30th October 2026
BSE Ltd.
Department of Corporate Services
25th Floor, Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai-400001
Scrip Code: 536493
Through: BSE Listing Centre
Dear Sir/ Madam,
Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
------------------------------------------------------------------------------------------
In compliance with the aforesaid Regulations, we wish to inform you that the Board of
Directors of the Company, at its meeting held today i.e., on 30th October 2026, has approved
the transfer of the Company's leasehold rights in respect of non-operational immovable
property admeasuring approximately 5.28 acres, situated at IKP Knowledge Park, Turkapally
Village, Shameerpet Mandal, Medchal-Malkajgiri District, Telangana, in favour of Sai Life
Sciences Limited (“the Buyer”), for a total consideration of ₹ 19.80 crore (Rupees Nineteen
Crore and Eighty Lakh) only, subject to the terms and conditions agreed between the parties
and receipt of necessary approvals and permissions from the relevant authorities, wherever
applicable.
The proposed transaction is intended to monetise the Company's leasehold rights in the
said land, to strengthen Company’s cash flow and optimise financial resources.
The details required under Regulation 30 of the Listing Regulations, read with the SEBI
Master Circular dated 30th January 2026, reference no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026, is enclosed as Annexure I.
Submitted for your information and necessary records.
Thanking you and always assuring you of our best cooperation.
Yours faithfully,
For JK Agri Genetics Ltd.
Varsha Singh
Company Secretary & Compliance Officer
Encl: as above
Continuation Sheet 1
Annexure-A
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with the SEBI circular HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated 30th January 2026
S. Particulars Details
The amount and percentage of the No revenue or income was generated from
turnover or revenue or income and net Company’s said leasehold land rights.
worth contributed by such unit or
division or undertaking or subsidiary or Accordingly, the revenue or income contribution
associate company of the listed entity from the said asset was Nil during the last
during the last financial year; financial year.
Date on which the agreement for sale The transfer / assignment of Leasehold rights is
has been entered into/ the expected expected to be complete within one month.
date of completion of sale/disposal;
Consideration received from such The total consideration for the transfer of
sale/disposal; leasehold rights is ₹19.80 crore (Rupees
Nineteen Crore and Eighty Lakh only), to be
received by way of demand draft upon
completion of transfer.
Brief details of buyers and whether Sai Life Sciences Limited (“the Buyer”) is a
any of the buyers belong to the company incorporated under the Companies
promoter/ promoter group/group Act, 2013, operating in the Contract
companies. If yes, details thereof; Research, Development and Manufacturing
Organization (CRDMO) sector and serving
the global pharmaceutical and biotechnology
industries.
The Buyer does not belong to the promoter/
promoter group/group companies.
Whether the transaction would fall No, the transaction would not fall under
within related party transactions? If related party transactions, as the Buyer is not
yes, whether the same is done at a related party to the Company.
“arm’s length”;
Whether the sale, lease or disposal of Yes. The sale of leasehold rights of the land
the undertaking is outside Scheme of is not part of a Scheme of Arrangement.
Arrangement? If yes, details of the
same including compliance with Further, the sale/transfer of leasehold rights
regulation 37A of LODR Regulations. of the said land does not attract the
provisions of regulation 37A of the LODR
Regulations, as it does not constitute an
undertaking or substantially the whole of the
undertaking for the Company under section
180 (1)(a) of the Companies Act, 2013.
Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/merger, shall be
disclosed by the listed entity with
respect to such slump sale.