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EMA India LtdBoard Meeting, 10-06-2025: Board Meeting

10-06-2025 | 12:39 pm

EMA India Limited has announced a board meeting outcome approving the sale of land and building in its industrial premises at Panki Industrial Area, Kanpur, to Puneet Gupta for Rs. 8 Cr, with Rs. 50 lakh received as advance. The buyer is unrelated to the promoter group, and the transaction will be executed at arm’s length, pending UPSIDA approval. This disposal is outside any corporate restructuring scheme and reflects the company’s move to monetize assets, potentially improving liquidity or reallocating capital for operational needs.

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