StockWatch
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Edible Oil
Sale17 Sept 2026, 06:00 pm

Madhusudan Industries Sells Ahmedabad Office for ₹2.25 Cr

AI Summary

Madhusudan Industries Ltd has executed a sale deed for its office premises located at Madhusudan House, Navrangpura, Ahmedabad. The sale was completed on September 17, 2026, with the transaction amount totaling ₹2.25 Crores. The buyers are Divyaben Gandhi and Payal Mehulkumar Gandhi. The company has confirmed that the buyers do not hold any shares in Madhusudan Industries Ltd and are not related to the promoter group or group companies. The transaction is not considered a related party transaction and does not involve significant terms such as director appointments or capital structure restrictions.

Key Highlights

  • Office premises in Ahmedabad sold for ₹2.25 Cr.
  • Sale deed executed on September 17, 2026.
  • Buyers are Divyaben Gandhi and Payal Mehulkumar Gandhi.
  • Transaction is not a related party deal.
  • No significant terms like director appointments involved.