StockWatch
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Zinc
Divestment13 Nov 2026, 06:56 pm

Sizemasters Divests 55% Stake in Aurum Turnkey Services LLP

AI Summary

Sizemasters Technology Ltd announced its board has approved the disinvestment of its entire 55% capital contribution in Aurum Turnkey Services LLP. The transaction, valued at ₹58,667/-, is expected to be completed by January 31, 2027. Aurum Turnkey Services LLP contributed ₹6,45,22,760/- to Sizemasters' turnover, representing 17.67% of the LLP's total turnover in the last financial year. The buyers are not part of the promoter or group companies, and the transaction is not considered a related party transaction.

Key Highlights

  • Sizemasters Technology divests its entire 55% stake in Aurum Turnkey Services LLP.
  • The disinvestment is valued at ₹58,667/-.
  • Aurum Turnkey contributed 17.67% of LLP turnover to Sizemasters.
  • Completion is expected by January 31, 2027.
  • Transaction is not with promoter or group entities.