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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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