Board approves sale of two MIDC Badlapur industrial plots — 2519 Sq. Mtrs. and 5874 Sq. Mtrs
The Board of Omkar Speciality Chemicals met on October 19, 2026 and approved the sale of two industrial plots at MIDC Industrial Area, Badlapur, District Thane.
By ScoutQuest · · 1 min read
- Assets Approved for Sale
- two industrial plots at MIDC Industrial Area, Badlapur, District Thane
- Plot No. F-09 Area
- 2519 Sq. Mtrs.
- Plot No. F-10 Area
- 5874 Sq. Mtrs.
What the board approved
The Board of Directors of Omkar Speciality Chemicals met on Monday, October 19, 2026 and, among other items, considered and approved the sale of two of the company's properties/units. Both are plots in the MIDC Industrial Area at Badlapur, District Thane, in Maharashtra.
- Plot No. F-09, admeasuring 2519 Sq. Mtrs.
- Plot No. F-10, admeasuring 5874 Sq. Mtrs.
Why industrial plots matter
These are industrial-area plots, which typically host manufacturing or storage facilities. A decision to sell land and buildings is a decision about the company's physical asset base, so it is the kind of board decision that shareholders usually track closely.
What happens next
The company has said it will keep the stock exchanges informed of further developments regarding the sale transactions and will make the necessary disclosures as required under the applicable regulations. That means the progress of the sale is expected to be reported to the exchanges as it happens.
What to keep in mind
- The board has approved the sale; the update sets out the two plots and their sizes, which are 2519 Sq. Mtrs. and 5874 Sq. Mtrs.
- The update records that the meeting commenced at 03:00 p.m. and concluded at 04:00 p.m.
How to read this
A board approval for sale is a decision to divest property. Whether that is positive or negative for a shareholder depends on the terms of the eventual transaction and what the company does with the proceeds, which would come through in later disclosures. Watching the follow-up updates on these two plots is the practical way to follow this development.
Also from Omkar Speciality Chemicals
Corrigendum: corrected areas of two Badlapur plots proposed for sale
21 Oct 2026
Board approves Shashi Kala Dhabriya as Non-Executive Independent Director; Muskaan Pherwani resigns
15 Oct 2026
ROC Grants Three-Month Extension To Hold FY2025-26 AGM
28 Sep 2026
More numbers
- Area of Plot No. F-09, MIDC Industrial Area, Badlapur2519 Sq. Mtrs.
- Area of Plot No. F-10, MIDC Industrial Area, Badlapur5874 Sq. Mtrs.
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