BSECompany Update17h ago · 30 Oct 2026, 10:33 pm
Regulation 30 disclosure
Symphony Ltd · 517385
✦ AI SummaryDebt Restruc.
Symphony Ltd has finalised the sale of its freehold vacant land at Bodakdev, Ahmedabad for ₹27.00 Crores, which is ₹5.68 Crores more than its carrying value. The transaction does not affect the company's ongoing business operations and will reduce the company's standalone net block of assets by ₹5.68 Crores.
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Governance Concern1/10
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Symphony Ltd - 517385 - Regulation 30 Disclosure
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October 30, 2026
National Stock Exchange of India Limited BSE Limited
Symbol – Symphony Security Code – 517385
Sub.: Intimation regarding finalization of sale of immovable property at Bodakdev,
Ahmedabad
Dear Sir/ Madam,
In continuation of our earlier intimation, we wish to inform you that Symphony Limited (“the
Company”) has finalised the sale transaction for its freehold vacant land situated at Bodakdev,
Ahmedabad, admeasuring 1,254 sq. metres (equivalent to 13,498 sq. fts.). The sale deed is
expected to be executed on or around November 6, 2026.
The total sale consideration is ₹27.00 Crores, against the carrying value of ₹5.68 Crores in the
Company's books as on September 30, 2026.
The property is a vacant land and never used for any business operations of the Company.
Accordingly, the transaction does not affect the Company's ongoing business operations.
Upon completion, the transaction will reduce the Company’s standalone net block of assets
(property, plant & equipment + investment property + other intangible assets) by ₹5.68
Crores, from ₹126.48 Crores to ₹120.80 Crores, reflecting the monetisation of a non-operating
asset and release of capital previously tied up in the investment property.
The requisite details of the transaction are enclosed as Annexure A, in accordance with the
applicable provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (SEBI Listing Regulations), read with the relevant SEBI
Master Circular, as amended.
We request you to please take the same on record.
Thanking you,
Yours Truly,
For, Symphony Limited
Mayur Barvadiya
Company Secretary and Head – Legal (VP)
Encl.: as above
Registered Office: Symphony Limited, Symphony House, Third Floor, FP-12, TP-50, Off S.G. Highway, Bodakdev, Ahmedabad - 380 059, India
T: +91-79-66211111, F: +91-79-66211139-40 l Email – companysecretary@symphonylimited.com I www.symphonylimited.com
CIN - L32201GJ1988PLC010331
ANNEXURE – A
Details under Regulation 30 of the SEBI Listing Regulations read with the SEBI circular
SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, SEBI Circular No.
SEBI/HO/CFD/PoD2/ CIR/P/0155 dated November 11, 2024 and HO/49/14/14(7)2025-CFD-
POD2/I/3762/ 2026 dated January 30, 2026.
No. Particulars Details
1. The amount and percentage of Not Applicable
the turnover or revenue or
income and net worth
contributed by such unit or
division of the listed entity during
the last financial year
2. Details of land Freehold land admeasuring 1254 sq. mtrs.
(equivalent to 13,498 sq. fts.) situated at
Bodakdev, Ahmedabad.
The book value of this property in the Company’s
books of accounts is about ₹5.68 Crores.
3. Date on which the sale deed has Sale Deed to be executed on or around
been entered into November 06, 2026
4. Consideration received from Lumpsum consideration of ₹27 Crores (Rupees
such sale/disposal Twenty Seven Crores only), subject to applicable
tax deduction at source as per the provisions of
the Income Tax Act.
5. Brief details of buyers and Buyer: Samta Agarwal and Sandeep Kumar
whether any of the buyers belong Agarwal
to the promoter/ promoter
group/group companies. If yes, The Buyer does not belong to the
details thereof promoter/promoter group/ group companies.
6. Whether the transaction would The transaction does not fall within the purview
fall within related party of Related Party Transactions.
transactions? If yes, whether the
same is done at “arm’s length”
7. Additionally, in case of a slump Not Applicable
sale, indicative disclosures
provided for amalgamation
/merger, shall be disclosed by the
listed entity with respect to such
slump sale.
Registered Office: Symphony Limited, Symphony House, Third Floor, FP-12, TP-50, Off S.G. Highway, Bodakdev, Ahmedabad - 380 059, India
T: +91-79-66211111, F: +91-79-66211139-40 l Email – companysecretary@symphonylimited.com I www.symphonylimited.com
CIN - L32201GJ1988PLC010331