Divestment15 May 2026, 07:31 am
Cella Space Sells Vijay Logistics Parks for ₹16.33 Cr
AI Summary
Cella Space Ltd has completed the 100% sale of its wholly-owned subsidiary, Vijay Logistics Parks Private Limited, to Aura Space Industrial Warehousing Private Limited. The sale agreement was entered on March 18, 2026, and completed on May 14, 2026. The consideration received from the sale is ₹16,32,87,161. The buyer is not part of the promoter group, and the transaction is not a related party transaction.
Key Highlights
- Cella Space sold its subsidiary, Vijay Logistics Parks, to Aura Space.
- The sale consideration amounted to ₹16,32,87,161.
- The sale agreement was finalized on March 18, 2026, and completed on May 14, 2026.
- The buyer is not related to Cella Space's promoter group.
- The transaction is not categorized as a related party transaction.