Godrej Agrovet Limited announced the execution of an agreement on March 18, 2026, to sell and transfer the leasehold rights for land and plots in the GIDC Sachin Industrial Estate, Surat, Gujarat. The total transaction value for the transfer of these rights, spanning plots 247/1 & 247/2, amounts to ₹35 Crore (Rupees Thirty-Five Crore Only). This material event was disclosed under regulatory mandates for investor information.
Intimation of Material Event
Godrej Agrovet Limited has formally informed the stock exchanges regarding a significant transaction completed on March 18, 2026. The company entered into an agreement to transfer and sell the leasehold rights pertaining to specific properties in Gujarat.
Asset Details and Consideration
The transaction involves the leasehold rights for Land and Plot Nos. 247/1 & 247/2 located within the GIDC Sachin Industrial Estate. These assets are situated in the Village Limits of Unn, Taluka: Choryasi, District: Surat, Gujarat, covering several Revenue Survey/Block Numbers including 207/Paikee, 215/Paikee, 216/Paikee & 217/Paikee.
The total consideration agreed upon for the transfer of these leasehold rights is fixed at Rs. 35 Crore (Rupees Thirty-Five Crore Only).
Public Disclosure
This information has been made public via official filings and is also accessible to all stakeholders on the Company’s official website, www.godrejagrovet.com, ensuring full compliance with disclosure norms.
Source: BSE
