StockWatch
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Personal Care
Sale12 Aug 2026, 04:17 pm

Paramount Cosmetics Sells Property in Valsad

AI Summary

Paramount Cosmetics India Ltd has entered into a Deed of Conveyance dated August 6, 2026, with Paramount Kum Kum Private Limited for the sale of its property located in Umarsadi, Pardi District, Valsad. All transaction formalities were completed on August 7, 2026. The Board of Directors noted this transaction on August 12, 2026. A special resolution for this sale was approved by shareholders in an Extraordinary General Meeting (EGM) held on February 13, 2026. This transaction signifies a divestment of a property asset by the company.

Key Highlights

  • Company sold property in Valsad district.
  • Transaction completed on August 7, 2026.
  • Shareholders approved the sale via EGM.
  • Deed of Conveyance signed with Paramount Kum Kum Pvt Ltd.