BSECompany Update4d ago · 7 Nov 2026, 03:59 pm
Intimation of Execution of Agreement for sale of Immovable property.
Tirupati Starch & Chemicals Ltd · 524582
✦ AI SummaryDivestiture
Tirupati Starch & Chemicals Ltd has executed an agreement for the sale of its immovable property at Jaora Compound, Indore, to Mrs. Usha Doshi and Mr. Arpit Doshi for Rs. 2,98,08,000. The sale is expected to be completed by January 15, 2027.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Tirupati Starch & Chemicals Ltd - 524582 - Intimation Of Execution Of Agreement For Sale Of Immovable Property, Pursuant To Regulation 30 Of The SEBI (LODR) Regulation, 2015
Attachments (1)
📄pdf
Download →
68d2834a-c72e-4531-95f0-3748d9a43f35.pdf
View document text
Tirupati Starch & Chemicals Limited
Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001
Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com
Works: Village-Sejwaya, Ghata Billod, Dist. Dhar – 454773 (M.P.)
TIRUSTA/SE/2026-27 Date: 07th November, 2026
The General Manager,
Dept. of Corporate Services – CRD
BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street
Fort, Mumbai- (MH) 400001 IN
Reference: Security ID: TIRUSTA; Security Code: 524582 & ISIN: INE314D01011
Subject: Intimation of Execution of Agreement for Sale of Immovable Property, pursuant to
regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015
Dear Sir/Ma’am,
In continuation of our intimation dated 01st October, 2026 regarding the outcome of the Board
Meeting held on 01st October, 2026, the Board of Directors of Tirupati Starch & Chemicals Limited
(“the Company”) had approved the sale of the Company’s immovable property situated at 181, Jaora
Compound, Indore (M.P.) – 452001.
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015,
read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th
January, 2026, we hereby inform you that the Company has, executed an Agreement for Sale with
Mrs. Usha Doshi W/o Mr. Vipin Doshi and Mr. Arpit Doshi S/o Mr. Vipin Doshi, for the sale of the
aforesaid property today, i.e. on 07th November, 2026.
The details required under Regulation 30 read with Part A of Schedule III of the SEBI (LODR)
Regulations, 2015 read with read with SEBI Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January, 2026 (Master Circular) are given in ‘Annexure - A’.
You are requested to please take the same on record.
Thanking you,
Yours sincerely,
For, Tirupati Starch & Chemicals Limited
Sourabh Vishnoi
(Company Secretary cum Compliance Officer)
M No.: A57433
Encl.:
CIN: L15321MP1985PLC003181 • website: www.tirupatistarch.com
Tirupati Starch & Chemicals Limited
Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001
Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com
Works: Village-Sejwaya, Ghata Billod, Dist. Dhar – 454773 (M.P.)
ANNEXURE-A
Disclosures under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015
read with read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January,
2026 (Master Circular) is disclosed as under:
Sr. Details of Event (s) that need to be provided
The amount and percentage of the turnover or
revenue or income and net worth contributed
1. by such unit or division or undertaking or NIL
subsidiary or associate company of the listed
entity during the last financial year
Date on which the agreement for sale has been
2. 07th November, 2026
entered into
On or before 15th January, 2027
3. The expected date of completion of sale/disposal
Subject to fulfilment of its terms and conditions
Total sale consideration of Rs. 2,98,08,000/-
4. Consideration received from such sale/disposal (Rupees Two Crore Ninety Eight Lakhs Eight
Thousand Only), to be received.
Buyer:
1. Mrs. Usha Doshi W/o Mr. Vipin Doshi
2. Mr. Arpit Doshi S/o Mr. Vipin Doshi
Brief details of buyers and whether any of the R/o 06 Parsi Mohalla, Jain Mandir ke Pass,
5 buyers belong to the promoter/ promoter Main Road, Chhawni, Indore (MP) 452001 IN
group/group companies. If yes, details thereof
The buyer does not belong to the
promoter/promoter group/group companies of
the Company.
Whether the transaction would fall within
No. The transaction does not fall within the
6. related party transactions? If yes, whether the
purview of related party transactions.
same is done at “arm’s length”
Not Applicable. The proposed sale of the
property is not pursuant to or as part of any
Whether the sale, lease or disposal of the Scheme of Arrangement. Further, the proposed
undertaking is outside Scheme of Arrangement? sale of the said property does not constitute the
If yes, details of the same include compliance sale, lease or disposal of an undertaking or
with regulation 37A of LODR Regulations. substantially the whole of the undertaking of the
Company under Section 180(1)(a) of the
Companies Act, 2013.
Additionally, in case of a slump sale, indicative
disclosures provided for amalgamation/merger, Not Applicable. The proposed transaction is not
shall be disclosed by the listed entity with a slump sale.
respect to such slump sale.
CIN: L15321MP1985PLC003181 • website: www.tirupatistarch.com