NSEUpdates24 Jun 2026 · 24 Jun 2026, 12:57 pm
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Aarti Industries Limited · AARTIIND
✦ AI SummaryDivestiture
Aarti Industries Limited has informed the Exchange regarding the cessation of its step-down subsidiary, Shanti Intermediates Private Limited, following the sale of its entire 100% equity stake.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Aarti Industries Limited has informed the Exchange regarding 'Cessation of Step down Subsidiary'.
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AARTIIND_24062026125623_ShantiIntermediates.pdf
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June 24, 2026
To, To,
Listing/Compliance Department Listing/Compliance Department
BSE LTD. National Stock Exchange of
Phiroze Jeejeebhoy Towers, India Limited
Dalal Street, “Exchange Plaza”, Plot No. C/1,
Mumbai – 400 001. G Block Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051.
BSE CODE : 524208 NSE Symbol : AARTIIND
Dear Sir / Madam,
Sub.: Cessation of Step down Subsidiary – Shanti
Intermediates Private Limited
Ref: Regulation 30 of the SEBI (LODR) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that Aarti Corporate Services Limited, a wholly owned
subsidiary of Aarti Industries Limited ("the Company"), has sold its entire 100% equity stake in
Shanti Intermediates Private Limited.
With the completion of the aforesaid transactions, Shanti Intermediate Private Limited has ceased
to be a step-down subsidiary of the Company.
The detailed disclosure required under Regulation 30 of the SEBI (LODR) Regulations, 2015,
read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026,
is enclosed herewith as Annexure I.
Kindly take the same on your records.
Yours faithfully,
For AARTI INDUSTRIES LIMITED
RAJ SARRAF
COMPANY SECRETARY
ICSI M. NO. A1552
Annexure I
Details as required under SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026.
Sr. Particulars Information of such event (s)
1 The amount and percentage of the Income and Net worth of Shanti Intermediates
turnover or revenue or income and Private Limited.
net worth contributed by such
subsidiary of the listed entity during
Particulars Amount in % of
the last financial year.
Lakhs contribution
Total Income 880.55 0.11 % of
consolidated
income.
Net worth (147.80) (0.02%) of
consolidated
networth
Note: As per the audited financial statements as on
March 31, 2026.
2 Date on which the agreement for June 23, 2026
sale has been entered into
3 The date of completion of June 23, 2026
sale/disposal
4 Consideration received from such ₹ 150.18 Lakhs.
sale/disposal
5 Brief details of buyers and whether Mr. Vallabh Bachubhai Trada & Ms. Rekha
any of the buyers belong to the Vallabhbhai Trada.
promoter/ promoter group/group Buyers do not belong to Promoter / Promoter group
companies. If yes, details thereof category.
6 whether the transaction would fall Transaction fall within related party transactions
within related party transactions? If and same is done at arm’s length.
yes, whether the same is done at
“arm’s length
7 whether the sale, lease or disposal N.A
of the undertaking is outside
Scheme of Arrangement? If yes,
details of the same including
compliance with regulation 37A of
LODR Regulations.
8 additionally, in case of a slump N.A
sale, indicative disclosures
provided for amalgamation/merger,
shall be disclosed by the listed
entity with respect to such slump
sale
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