StockWatch
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Pharmaceuticals
Sale23 Jun 2026, 06:40 pm

Bajaj Healthcare Sells Tarapur Unit for Up to ₹4.05 Cr

AI Summary

Bajaj Healthcare Ltd has approved the sale of its operational business unit located at Plot No. N-178, MIDC, Tarapur Industrial Area, Tarapur, Boisar, Palghar. The transaction, subject to definitive agreements, is expected to be completed by October 31, 2026, with a consideration of up to ₹4.05 Crores. The unit contributed 0.54% to revenue (₹3.31 Crores) and 0.74% to net worth (₹3.97 Crores) in the last financial year. The buyer, M/s Orchem Products, is not a promoter/group company, and the transaction is confirmed as not a related party transaction. The trading window for company securities will remain closed until 48 hours after the formal execution of agreements.

Key Highlights

  • Bajaj Healthcare to sell Tarapur operational unit for up to ₹4.05 Cr.
  • Unit contributed 0.54% to revenue and 0.74% to net worth.
  • Sale to M/s Orchem Products, not a related party transaction.
  • Transaction expected completion by October 31, 2026.
  • Trading window closed for directors and designated persons.