Sandhar Technologies Limited — Important, 21-04-2025: Agreements

An agreement has been executed to sell immovable property located in Peenya, Bangalore, for a total consideration of ₹61 Cr. The company has already received ₹15 Cr as earnest money. The sale deed is to be executed within three months, with a potential three-month extension for the purchaser. Proceeds from this sale are earmarked to finance ongoing and future expansion initiatives, enhancing operational capacity, and exploring new market opportunities. This strategic move could positively influence the company’s growth trajectory and operational strength. Investors should watch closely for developments related to this transaction and its implications for Sandhar Technologies' long-term objectives.