StockWatch
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Cement & Cement Products
Sale5 Nov 2026, 03:21 pm

Vardhman Concrete Authorizes Sale of Raigad Land for ₹12.82 Cr

AI Summary

Vardhman Concrete Ltd announced that its Board of Directors has approved the sale, transfer, and conveyance of the company's land located in Raigad, Thane, for a consideration of not less than ₹12,82,40,000 (₹12.82 Crore). Mr. Rajesh Vardhan has been authorized to finalize the terms, identify a purchaser, and execute all necessary documents for the transaction. Additionally, the Board approved the Un-Audited Standalone Financial Results for the quarter and half-year ended September 30, 2026.

Key Highlights

  • Board approved sale of Raigad land for at least ₹12.82 Crore.
  • Mr. Rajesh Vardhan authorized to execute the property sale.
  • Un-audited standalone financial results for Q2 FY27 approved.
  • Limited Review Report on financial results also enclosed.