NSEAgreements27 Aug 2026 · 27 Aug 2026, 04:28 pm

Agreements

Indoco Remedies Limited · INDOCO

✦ AI SummaryDivestiture

Indoco Remedies Limited has informed the Exchange about the execution of a Deed of Conveyance for the sale of its plot of land to Kalpataru Townships Private Limited for Rs. 64,00,00,000. The sale would not impact the company's business operations.

Analysis Scores

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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Indoco Remedies Limited has informed the Exchange about execution of Deed of Conveyance for Sale of Company's plot of land.

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INDOCO_27082026162204_Intimation_Sale_of_Andheri_Land.pdf

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Date: 27th August, 2026 To To The Listing Department The Listing Department National Stock Exchange of India Limited Bombay Stock Exchange Limited Exchange Plaza, Floor 25, P. J. Towers, Bandra – Kurla Complex Dalal Street, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Stock Code : 532612 Stock Code : INDOCO Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Sale of Land Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has executed the Deed of Conveyance today i.e. on 27th August, 2026 for sale of Company’s plot of land admeasuring approximately 2,876.08 square meters built-up area situated at Plot No.18/A of Mahal Industrial Estate, Village Mulgaon, Taluka Andheri, District Mumbai Suburban. This sale of plot of land would not have any impact on the business operations of the Company. Further the sale of this land does not constitute as an undertaking or substantially the whole of the undertaking of the Company in terms of Section 180(1)(a) of the Companies Act, 2013. Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 are enclosed as Annexure A. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Indoco Remedies Limited Ramanathan Hariharan Company Secretary & Head Legal Annexure A Sr. No. Particulars Details 1 Name(s) of parties with whom the The Deed of Conveyance agreement is entered; (“Agreement”) is entered into between Indoco Remedies Limited (“Company”) and Kalpataru Townships Private Limited 2 Purpose of entering into the agreement; The purpose of entering into the Agreement is to record the terms of the sale of Company’s plot of land admeasuring approximately 2,876.08 square meters built-up area situated at Plot No.18/A of Mahal Industrial Estate, Village Mulgaon, Taluka Andheri, District Mumbai Suburban. 3 Size of agreement The total consideration for sale of land is Rs. Rs. 64,00,00,000/- (Rupees Sixty Four Crores Only) 4 Shareholding, if any, in the entity with None whom the agreement is executed; 5 Significant terms of the agreement (in Not Applicable brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.; 6 Whether, the said parties are related to No promoter/promoter group/ group companies in any manner. If yes, nature of relationship; 7 Whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arms length”; 8 In case of issuance of shares to the Not Applicable parties, details of issue price, class of shares issued; 9 In case of loan agreements, details of Not Applicable lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis; 10 Any other disclosures related to such No potential conflict of interest is agreements, viz., details of nominee on arising out of the Agreement. the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc; 11 In case of termination or amendment of Not Applicable agreement, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof.