GMM Pfaudler Limited confirmed the successful execution of the Sale Deed for its Hyderabad property on February 27, 2026. The transaction was finalized with Topsun Power Private Limited. Following necessary closing adjustments, the company reported receiving a revised consideration totaling INR 58.93 crores for the disposal of the asset. This completes the transaction initially referenced in December 2025.
Confirmation of Property Divestment
GMM Pfaudler Limited officially announced the finalization of the sale of its Hyderabad property. The company executed the necessary Sale Deed with Topsun Power Private Limited on February 27, 2026, marking the completion of the previously referenced transaction.
Revised Sale Consideration
The final financial terms of the divestment were confirmed following closing adjustments. The total consideration received by GMM Pfaudler for the disposal of the Hyderabad property stands at INR 58.93 crores. This conclusion brings to an end the process initiated by the agreement dated December 16, 2025.
Regulatory Compliance
The Company Secretary & Compliance Officer, Mittal Mehta, certified the disclosure. The details regarding the completion of the sale are also made publicly available on the company’s official website, www.gmmpfaudler.com, for full transparency.
Source: BSE