NSEUpdates28 Aug 2026 · 28 Aug 2026, 04:50 pm

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Patel Engineering Limited · PATELENG

✦ AI SummaryDivestiture

Patel Engineering Limited has informed the Exchange regarding the successful completion of disinvestment of 32% in ACP Tollways Private Limited. The company has transferred 84,95,040 equity shares of face value Rs. 100 each to APCO Infratech Private Limited and Others for a consideration of Rs 55 Crore.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Patel Engineering Limited has informed the Exchange regarding the successful completion of disinvestment of 32% in ACP Tollways Private Limited

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PATELENG_28082026165000_SEIntimationsaleofstakeinACP.pdf

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August 28, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 Symbol - PATELENG Scrip Code – 531120 Sub: Intimation regarding sale of Equity Shares pursuant to disinvestment of ACP Tollways Private Limited Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and in continuation of our earlier disclosure dated May 14, 2026, regarding disinvestment of ACP Tollways Private Limited (the “ACP”), an Associate Company, we wish to inform you that the Company has today successfully transferred 84,95,040 equity shares of face value Rs. 100 each, comprising of 32% of the issued and paid-up equity share capital of ACP to APCO Infratech Private Limited and Others (the “Purchasers”), on terms and conditions and for a consideration determined in accordance with Share Purchase Agreement. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, issued by the Securities and Exchange Board of India is mentioned in Annexure This is for your information and record. Thanking you. Yours faithfully For Patel Engineering Limited Shobha Shetty Company Secretary and Compliance Officer FCS 10047 Annexure 1 Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, issued by the Securities and Exchange Board of India are as under: Sale of stake in the associate company of the listed entity: a) The amount and percentage of the Turnover – nil turnover or revenue or income and net worth contributed by such unit or division or Net worth as on March 31,2026 – undertaking or subsidiary or associate Rs. 26.02 crore i.e. 0.59% of company of the listed entity during the last consolidated net worth of the financial year. Company. Loss as on March 31, 2026– Rs. 12.73 crore i.e. -4.32% of the consolidated net profit of the Company. The carrying value of the investment is Rs. 26.02 crore in the consolidated financials of the Company as on March 31, 2026. b) Date on which the agreement for sale has August 27, 2026 been entered into c) The expected date of completion of Completion date - August 28, 2026 sale/disposal d) Consideration received from such Rs 55 Crore sale/disposal e) Brief details of buyers and whether any of APCO Infratech Private Limited, the buyers belong to the promoter/ having its registered office in at promoter group/group companies. If yes, Gomti Nagar, Lucknow, is a details thereof private company primarily involved in infrastructure development, road construction, and tollway operations. Other buyers are individuals. None of the buyers belong to promoter/promoter group/ group companies. f) Whether the transaction would fall within The transaction is not a related related party transactions? If yes, whether party transaction. 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