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Pharmaids Pharmaceuticals completed the sale of three non-operational land parcels for Rs. 19.56 Crore. The buyer is Dr. S. N. Vinaya Babu, a current director who will become part of the promoter group after an open offer. This related party transaction was conducted at arm’s length and was previously approved by shareholders. Since no business operations were carried out on these lands, their sale is not expected to impact the company’s ongoing business, providing a significant fund inflow.