NACL Industries Sells Entire Stake in Nasense Labs for ₹8.15 Cr
NACL Industries Limited announced the approval of the sale of its entire equity stake in its associate company, Nasense Labs Private Limited, to Mr. Kanumuru Satyanarayana Raju. The transaction, valued at ₹8,15,29,967, is expected to be completed within three months, subject to the terms of the Share Purchase Agreement. Following the divestment, Nasense Labs Private Limited will no longer be an associate of NACL Industries. The company also approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and a statement of deviation(s) and variation(s) regarding the utilization of funds from a December 2025 rights issue.
Key Highlights
- NACL Industries to sell its entire stake in Nasense Labs Private Limited.
- Sale consideration is ₹8.15 Crore to Mr. Kanumuru Satyanarayana Raju.
- Transaction expected to complete within three months.
- Nasense Labs will cease to be an associate company post-sale.
- Board also approved Q1 FY27 financial results and fund utilization report.
Price Impact
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