Cybele Industries Ltd — Updates, 08-07-2025: Company Update
08-07-2025 | 06:46 pm
08-07-2025 | 06:46 pm
Cybele Industries has announced the completion of the sale of non-core land assets located in Tamil Nadu to M/s. Smith Structures India Pvt. Ltd. for ₹24.82 Cr. The buyer is a private company with no promoter or related-party link to Cybele. This transaction was approved by shareholders in the previous AGM under the Companies Act, confirming compliance with governance standards. The sale helps Cybele streamline its asset base by divesting non-core properties, potentially improving focus on its core operations and financial health.
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