Sale of 1.83% Stake in Subsidiary Dindigul Farm Product Limited; Holding Now 27.05%

The company has completed the sale of shares of its subsidiary, Dindigul Farm Product Limited.

Wed 30 Sep 2026

Stake Divested

1.83%

Holding After Sale

27.05%

Subsidiary Turnover

Rs.900,432,000

Revenue Contribution

65.33%

Paid-up Capital

Rs.24,42,92,800

What was shared

The company intimated BSE under Regulation 30 of SEBI LODR that it has completed the sale of shares of its subsidiary, Dindigul Farm Product Limited.

Key details

• Stake divested: 1.83%
• Holding after disposal: 27.05%
• Buyers: Open Market (not promoter/promoter group)
• Related party transaction: No
• Consideration received from the sale: Yes
• Expected date of completion of sale/disposal: 30-09-2026

About the entity sold

• Paid-up capital: Rs.24,42,92,800
• Turnover: Rs.900,432,000
• Amount and percentage of revenues contributed by the subsidiary in the last financial year: Rs. 900,432,000 and 65.33%

How to read it

The divestment is a small slice (1.83%) of a subsidiary that contributed a large share of revenues (65.33%). The remaining holding is stated as 27.05%. The update also notes the transaction does not fall within a Scheme of Arrangement and is not a slump sale.

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