Autoline Industries Limited — Important, 19-04-2025: Disclosure of material issue

Autoline Industries has sold a 28.86% stake in its subsidiary, Autoline Industrial Parks Limited, for ₹63.5 crore (Cr). This transaction was noted during a board meeting and is set for completion by June 30, 2025. The subsidiary contributed approximately ₹116.3 crore (Cr) in net worth, accounting for 27.02% of the company's total net worth in the last financial year. The buyer, MNSC Realty and Developers Private Limited, is unrelated to the promoter group and specializes in real estate development. This divestment may enhance Autoline Industries' liquidity and strategic focus, presenting a positive outlook for the company as it continues to streamline its operations. Investors should watch closely for how the proceeds will be utilized to drive growth or fund new opportunities.