Sale18 Feb 2026, 02:02 pm
Autoline Industries Ltd Sells Entire Stake in Subsidiary Autoline Industrial Parks Ltd for Rs. 98.5 Crores
AI Summary
Autoline Industries Ltd has sold its entire 43.26% stake in its subsidiary, Autoline Industrial Parks Ltd (AIPL), to MNSC Realty & Developers Pvt. Ltd for a total consideration of Rs. 95,16,62,991. The transaction also included the sale of a 1.52% stake held by its wholly owned subsidiary, Autoline Design Software Ltd., for Rs. 3,33,37,000. The sale was completed on February 17, 2026, with the remaining stake of 1.52% held by the wholly owned subsidiary yet to be transferred. AIPL did not contribute to the turnover or net worth of Autoline Industries Ltd. during the last financial year.
Key Highlights
- Autoline Industries Ltd sells entire 43.26% stake in subsidiary Autoline Industrial Parks Ltd for Rs. 95,16,62,991
- Additional 1.52% stake held by wholly owned subsidiary Autoline Design Software Ltd. sold for Rs. 3,33,37,000
- Transaction completed on February 17, 2026, with 1.52% stake held by WOS yet to be transferred
- AIPL did not contribute to the turnover or net worth of Autoline Industries Ltd. during the last financial year
- Buyer MNSC Realty & Developers Pvt. Ltd. is not part of the promoter/promoter group/group companies