DCM Shriram Limited has completed the sale of surplus land measuring 5 acres and 38.56 guntas located in Mokila Village, Ranga Reddy District, Telangana. The transaction, finalized on May 4, 2026, resulted in a total consideration of Rs. 70.65 crores. The land was purchased by Skade Realty LLP, an independent entity that is not affiliated with the company’s promoter group.
Details of the Land Transaction
On May 4, 2026, DCM Shriram Limited entered into a definitive agreement to sell a portion of its surplus land holdings. The parcel, located at Mokila Village, Shankarpalle Mandal, Ranga Reddy District, Telangana, comprises approximately 5 acres and 38.56 guntas. The transaction was executed on the same date as the agreement.
Financial and Buyer Overview
The company successfully monetized this asset for a total value of Rs. 70.65 crores. The purchaser, Skade Realty LLP, is a Limited Liability Partnership based in Hyderabad. DCM Shriram has confirmed that this transaction is not a related party deal and that the buyer does not belong to the company’s promoter or promoter group entities.
Strategic Context
As this divestment involves the sale of a specific land asset rather than a core business unit or subsidiary, financial metrics such as turnover, revenue, or net worth impact are not applicable to the transaction. The move represents a strategic capital allocation decision by the company to liquidate surplus property holdings.
Source: BSE
