Property22 May 2026, 07:22 pm
Repro India Completes Property Sale for ₹282 Cr
AI Summary
Repro India Ltd has completed the sale of its non-operational property located at Trans Thane Creek Industrial Area, Navi Mumbai to STT Global Data Centres India Private Limited for a total consideration of ₹282 Crores. The transaction was completed on May 22, 2026, following the execution of an Assignment Deed. The proceeds from the sale will be used to reduce debt and strengthen the company's balance sheet.
Key Highlights
- Repro India completes sale of non-operational property for ₹282 Cr.
- Property sold to STT Global Data Centres India Private Limited.
- Transaction completed via Assignment Deed on May 22, 2026.
- Proceeds to be used for debt reduction and balance sheet strengthening.
- Sale involved transfer of leasehold rights from MIDC.
Price Impact
More from REPRO