Ganesh Benzoplast hit 5% lower circuit after inking agreements to sell its storage and railway logistics business to a KKR-backed company for Rs 1,154 crore

Wed 30 Sep 2026

Deal value

1,154 crore rupees

Storage capacity divested

5 lakh KL

Share of FY26 revenue

46 percent

Stock move

5 percent lower circuit

Heard on Live TV News Channel between 12:06:12 - 12:09:12 IST.

• Ganesh Benzoplast signed definitive agreements to sell its storage and railway logistics business for Rs 1,154 crore.
• Buyer is KKR-backed logistics company CLPL.
• The divested business covers around 5 lakh KL of operating and under-construction port storage capacity across JNPT, Cochin and Goa.
• The divested unit contributes around 46% of the company's FY26 consolidated revenue.
• Divestment is pending shareholder and regulatory approval; stock locked 5% lower on the news.

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