Colinz Laboratories Ltd — Important, 14-10-2025: Company Update

Colinz Laboratories announced that its Board, at a meeting, approved the potential sale of its Factory Property in Sinnar, Nashik, and Office Premises in Bhandup West, Mumbai. Following input from the Audit Committee, these properties are intended for a slump sale to an unrelated third party. These approvals serve as enabling resolutions, as no specific deal has been finalized yet. The company expects no material impact on its business operations or financials, with the anticipated consideration aligning with the assets' block value. Shareholder approval for this proposed transaction will be sought via a postal ballot.