Gujarat Terce Laboratories Limited has announced the acquisition of corporate office premises, named “Swati18”, located in Ahmedabad for ₹3.23 crore. This strategic move, reported on November 5, 2026, aims to expand the company’s operational capacity and consolidate its corporate functions. The property is situated near Palladium Mall on S.G. Highway, Ahmedabad. Details of the transaction confirm it is an arm’s length deal, with no related party involvement.
Corporate Office Expansion
Gujarat Terce Laboratories Limited has entered into an agreement for the purchase of corporate office premises. The new facility, designated as “Swati18”, is strategically located beside Palladium Mall on S.G. Highway, Thaltej, Ahmedabad. This acquisition is a significant step towards bolstering the company’s infrastructure and operational footprint.
Transaction Details
The agreement entails the purchase of immovable property measuring 2012.20 sq.ft. at a cost of ₹3.23 crore. This amount excludes applicable taxes, stamp duty, registration fees, and other incidental charges. The transaction is confirmed to be conducted at an “arm’s length” basis, ensuring fairness and transparency. No related parties are involved in this acquisition, aligning with robust corporate governance practices.
Disclosure Compliance
This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all requisite details as per the SEBI Master Circular, dated January 30, 2026. The intimation has also been uploaded to the company’s website for public access.
Source: BSE