Indian Card Clothing Company Limited — Important, 09-04-2025: Updates

The company successfully completed the sale of its commercial property located in Coimbatore, Tamil Nadu, for a consideration of ₹11.01 crore. This property, measuring approximately 809.40 square meters and including a workshop building, was sold to Mrs. Manisha Khemka and Mr. Yash Khemka. The transaction involved executing the Sale Deed and related documents, with the agreed amount received and a Conveyance Deed registered with the Sub-Registrar in Peelamedu. This sale signals a strategic move for the company, potentially enhancing liquidity and positioning for future investments or operational improvements. Shareholders should watch this development closely for its implications on the company's financial strategy and resource allocation.