Alpha Tribe

Ind-Swift LimitedImportant, 07-04-2025: General Updates

07-04-2025 · 06:36 pm

The company has completed the sale of its non-operational industrial land and building located in Sirmaur, H.P., for a total consideration of INR 85 Lakhs. The property has been officially transferred to the buyer, M/s. Kamlesh Deh Raj Pharma, with no ties to the promoter group or related party transactions. This divestment will not impact the company’s ongoing operations, as the unit has not contributed to turnover or profits in recent years. This sale reflects a strategic move to streamline assets, enhancing the company's financial position. Investors should view this development positively, as it indicates asset management efficiency without affecting operational productivity.

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