Symphony Sells Ahmedabad Land for ₹27 Cr

Symphony Limited has finalized the sale of its vacant freehold land in Bodakdev, Ahmedabad, measuring 1,254 sq. metres, for a total consideration of ₹27 Crores. The sale deed is expected to be executed around November 6, 2026. The property's carrying value in the company's books as of September 30, 2026, was ₹5.68 Crores. This non-operating asset was never used for business operations. The transaction will reduce Symphony's standalone net block of assets by ₹5.68 Crores, releasing capital previously tied up in investment property. The buyers are Samta Agarwal and Sandeep Kumar Agarwal, who are not related to the promoter group or group companies. The transaction is not considered a related party transaction.