Cryogenic Ogs Ltd — Important, 18-08-2025: Company Update
18-08-2025 | 06:27 pm
18-08-2025 | 06:27 pm
Cryogenic OGS Limited has announced the completion of a property sale in Por GIDC, Baroda, Gujarat. The company executed the sale deed for a consideration of 1.43 Cr. This strategic divestment, which had been previously approved by the Board of Directors, does not represent a sale of a substantial portion of the company's overall operations. This clarifies it as a non-core asset transaction, potentially streamlining assets or generating capital. The buyer involved in this property sale is not affiliated with the company's promoters or its group, ensuring an arm's-length transaction.
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