StockWatch
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Pharmaceuticals
Sale12 Oct 2026, 06:30 pm

Bajaj Healthcare Sells Gujarat Unit for ₹14.67 Cr

AI Summary

Bajaj Healthcare Ltd has executed a Deed of Assignment for the sale of its undertaking located at Plot No. D-2/CH/42 & D-2/CH/43, Dahej Industrial Area, GIDC, Bharuch, Gujarat, to Spa Vet Private Limited and Indosol Pure Technologies Private Limited. The transaction, valued at approximately ₹14.67 Crores, does not involve related parties. The undertaking was not operational in the last financial year, contributing nil turnover. The company has complied with SEBI Listing Regulations, including obtaining shareholder approval for the slump sale. The trading window for designated persons remains closed.

Key Highlights

  • Sale of Gujarat-based business unit for ₹14.67 Crores.
  • Transaction is not a related party deal.
  • Undertaking had no turnover in the last financial year.
  • Shareholder approval obtained for the slump sale.
  • Trading window remains closed for designated persons.