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.
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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
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.