Sale25 Nov 2025, 04:28 pm
Cybele Industries Ltd Sells Non-Core Assets Worth Rs. 13 Crores to SVARJITE PROPERTIES LLP
AI Summary
Cybele Industries Ltd has sold land properties situated at Chinnaobalapuram Village, Gummidipoondi taluk, Thiruvallur District, Tamil Nadu State to M/s. SVARJITE PROPERTIES LLP for a total consideration of Rs. 13,10,17,000. The sale was completed on 24th November 2025, following the approval of the shareholders through Remote E-Voting by way of Postal Ballot dated 12th June 2024. These land properties were identified as non-core assets of the company.
Key Highlights
- Cybele Industries Ltd sells non-core assets worth Rs. 13 Crores
- Sale completed on 24th November 2025
- Transaction approved by shareholders through Remote E-Voting by way of Postal Ballot dated 12th June 2024
- Buyer is M/s. SVARJITE PROPERTIES LLP
- Sale is not a related party transaction