Aditya Birla Real Estate Limited has received approval to sell 80,749 unappropriated equity shares held by the CTIL Employee Welfare Trust. These shares are not tied to any specific employee grant under the 2023 Stock Option Scheme. The sale, intended for the repayment of an outstanding loan to the Company, will occur on the secondary market after the trading window reopens following the financial results announcement for the year ending March 31, 2026.
Corporate Action: Inventory Share Disposal Approved
Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited) has confirmed that its Nomination and Remuneration Committee approved the sale of a specific block of company equity shares. The approval was granted via a circular resolution passed on March 29, 2026.
Details of Shares to be Sold
The total number of shares slated for disposal is 80,749 equity shares. These shares represent unappropriated inventory currently held by the CTIL Employee Welfare Trust. Crucially, these shares are not backed by any grant issued to any employee under the CTIL Employee Stock Option Scheme 2023.
Rationale and Timing of Sale
The primary purpose for this sale is the repayment of an outstanding loan owed to the Company. The shares must be sold following the close of the financial year 2025-26. Since the trading window for the company’s shares is currently closed (effective April 1, 2026), the sale execution is planned to take place on the secondary market only two days after the declaration of the annual audited financial results for the year ending March 31, 2026.
This disclosure serves to inform both investors and regulatory bodies regarding this planned transaction to manage outstanding liabilities.
Source: BSE
