StockWatch
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Packaged Foods
Sale1 Oct 2026, 06:51 pm

Ganesh Consumer Sells Hyderabad Unit Assets for ₹32.5 Cr

AI Summary

Ganesh Consumer Products Ltd has finalized the sale of movable and immovable assets of its Hyderabad unit to Megacity Flour Mills Private Limited for an aggregate consideration of ₹32,50,00,000 (₹32.50 Crore). The sale deed and other necessary documents have been executed, with all conditions for completion fulfilled. The Hyderabad unit contributed 1.4% of the company's revenue from operations in the last financial year. The transaction is not considered a related party transaction, and the buyer is not part of the promoter or group companies.

Key Highlights

  • Sale of Hyderabad unit assets concluded for ₹32.50 Crore.
  • Transaction includes both movable and immovable assets.
  • Unit contributed 1.4% to company's revenue.
  • Buyer is an independent entity, not related party.
  • Sale Deed executed on October 1, 2026.