Sale10 Dec 2025, 05:52 pm
RSWM Ltd Terminates Asset Sale Agreement, Enters New Deal for Rs. 52 Crore
AI Summary
RSWM Ltd has terminated its agreement with M/s Didwania Trading Company for the sale of its redundant and non-operational assets of Thermal Power Plant (2 x 23 MW). The company has now entered into a new agreement with M/s. Malik Heights, New Delhi for a total consideration of Rs. 52 crore. The new agreement was made on 10th December 2025. M/s. Malik Heights is not a related party of the Company.
Key Highlights
- RSWM Ltd terminates agreement with M/s Didwania Trading Company
- Company enters into a new agreement with M/s. Malik Heights, New Delhi
- New agreement is for the sale of redundant and non-operational assets of Thermal Power Plant (2 x 23 MW)
- Consideration for the new agreement is Rs. 52 crore
- M/s. Malik Heights is not a related party of the Company