BSECompany Update1d ago · 11 Nov 2026, 06:23 pm
Intimation on sale of leasehold rights of Goa Property
Tulsyan NEC Ltd-$ · 513629
✦ AI Summarysale_of_asset
Tulsyan NEC Ltd has completed the transfer of leasehold rights of Industrial Land in Goa to Mangal Iron Private Ltd for Rs. 3.81 Crores. The transaction does not involve related parties and was done at arm's length.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Tulsyan NEC Ltd-$ - 513629 - Sale Of Leasehold Rights Of Goa Property
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Date: 11/11/2026
The BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400001
Dear Sir/ Madam,
Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Sale of Leasehold Rights of Goa Property
Ref.: BSE SCRIP CODE: 513629 -Tulsyan NEC Limited
With reference to the subject captioned above and pursuant to Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III, the
Company has completed the transfer of the leasehold rights of Industrial Land admeasuring 12,700
Sq. Mtrs. situated at Madkai Industrial Estate, Madkai, Goa, to M/s. Mangal Iron Private Limited
("Buyer") or its designated nominee(s), by executing the necessary documents / agreements in
favour of the Buyer for a total consideration of Rs. 3.81 Crores (Rupees Three Crores Eighty-One
Lakhs only).
The entire consideration amount is received by the Company.
The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January, 2026, is enclosed herewith as an Annexure - I.
The above information will also be made available on the website of the Company at
www.tulsyannec.in.
Kindly take the above information on your record and oblige.
Thanking you,
Yours faithfully,
For Tulsyan NEC Limited
Parvati Soni
Company Secretary & Compliance Officer
Sr. Particulars Disclosure
a) The amount and percentage of the Not Applicable.
turnover or revenue or income and net
worth contributed by such unit or division
or undertaking or subsidiary or associate
company of the listed entity during the last
financial year:
b) Date on which the agreement for sale has The Company have executed the Transfer
been entered into: Application on 11.11.2026.
c) The date of completion of sale/disposal: November 11, 2026
d) Consideration received from such Rs. 3.81 Crores (Rupees Three Crores Eighty-
sale/disposal: One Lakhs only).
e) Brief details of buyers and whether any of M/s. Mangal Iron Private Limited, a Private
the buyers belong to the Limited Company bearing CIN:
promoter/promoter group/group U27101GA1997PTC002435 and having its
companies. If yes, details thereof: Registered Office situated at Plot No. E-5 and
E-5-1, Madkaim Industrial Estate, Marcaim,
North Goa, Ponda, Goa, India, 403404.
The buyer is a third-party buyer and does not
belong to the Promoter / Promoter Group /
Group Companies.
f) Whether the transaction would fall within The transaction does not fall under the ambit
related party transactions? If yes, whether of Related Party Transactions.
the same is done at “arm’s length”:
g) Whether the sale, lease or disposal of the Not Applicable
undertaking is outside Scheme of
Arrangement? If yes, details of the same
including compliance with regulation 37A of
LODR Regulations:
h) 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: