Deed of Assignment executed to sell Dahej undertaking for about Rs. 14.67 crore

Bajaj Healthcare executed a Deed of Assignment with Spa Vet Pvt Ltd and Indosol Pure Technologies Pvt Ltd to sell its Dahej (Gujarat) undertaking for about Rs. 14.67 crore.

Mon 12 Oct 2026

Consideration for sale

Rs. 14.67 Crores (approx.)

Turnover contribution of unit

Nil (not operational during last financial year)

Buyers

Spa Vet Private Limited and Indosol Pure Technologies Private Limited

What happened

• The company has executed a Deed of Assignment with Spa Vet Private Limited and Indosol Pure Technologies Private Limited for the sale of an undertaking situated at Plot No. D-2/CH/42 & D-2/CH/43, Dahej Industrial Area, GIDC, Bharuch, Gujarat.
• A Deed of Assignment is the document through which the sale of the undertaking is given effect.

What the numbers say

• The consideration for the transaction is Rs. 14.67 Crores (approx.).
• The undertaking was not operational during the last financial year, so the turnover or revenue contribution from it was Nil.
• The transaction is expected to be completed upon fulfillment of the conditions mentioned under the Deed of Assignment.

Who is buying

• The buyers are Spa Vet Private Limited and Indosol Pure Technologies Private Limited.
• Neither of the buyers belongs to the Promoter/Promoter Group/Group Companies of the Company.
• The transaction does not fall within the purview of related party transactions.

What else the update states

• The Company obtained prior approval of its shareholders on August 05, 2023 vide Postal Ballot Notice dated June 28, 2023, and has complied with Regulation 37A of the SEBI Listing Regulations.
• The trading window for dealing in the securities of the Company continues to remain closed for all Designated Persons including their immediate relatives, in terms of the earlier disclosure dated September 23, 2026.

How a reader can weigh this

• This is a sale of one undertaking of the company. The unit did not generate turnover in the last financial year, and the consideration stated is about Rs. 14.67 crore.
• Because the buyers are not from the promoter group and the transaction is not a related party transaction, it is a sale to unrelated parties.
• The completion of the sale is tied to the conditions set out in the Deed of Assignment, so the transaction is expected to complete once those conditions are fulfilled.

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