Sale11 Aug 2026, 12:29 pm
Paramount Cosmetics Sells Shoolagiri Factory Property
AI Summary
Paramount Cosmetics India Ltd has entered into a Sale Agreement for its factory land and building at Shoolagiri. The company received an advance and handed over possession of the property during the quarter. Shareholder approval was obtained at an EGM on 13.02.2026. The buyer is completing registration formalities. The disclosure was made belatedly due to an oversight, with the company regretting the delay and affirming commitment to future compliance.
Key Highlights
- Sale agreement executed for Shoolagiri factory property.
- Possession of land and building handed over to buyer.
- Shareholder approval received via EGM on 13.02.2026.
- Buyer is completing property registration formalities.
Price Impact
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