Sale17 Jan 2026, 06:52 pm
Colinz Laboratories Ltd. Approves Sale of Factory Building, Machinery, and Land Undertaking for Rs. 4 Crore
AI Summary
Colinz Laboratories Ltd. announced that its Board of Directors, at the meeting held on 17th January 2026, approved the sale of the Company’s Factory Building, Factory Machinery, & Factory Land Undertaking situated at Plot No 60, STICE, Sinnar-Shirdi Road, Sinnar, Nashik-422112 to M/s. Hilsun Foods And Drugs Private Limited. The total consideration for the sale is Rs. 4,00,00,000/- (Rupees Four Crore Only). The sale is expected to be completed on or before 31st March 2026.
Key Highlights
- Colinz Laboratories Ltd. approves the sale of its Factory Building, Factory Machinery, & Factory Land Undertaking.
- The sale is approved by the shareholders through Postal Ballot on 17th November 2025.
- The buyer is M/s. Hilsun Foods And Drugs Private Limited.
- The total consideration for the sale is Rs. 4,00,00,000/- (Rupees Four Crore Only).
- The sale is expected to be completed on or before 31st March 2026.