Jagatjit Industries Ltd — Important, 19-10-2025: Company Update

Jagatjit Industries has agreed to sell its property in Gurugram, Haryana, measuring 16,200 Sq Mtrs with two buildings, for Rs. 215 Cr. The net proceeds from this sale will be utilized to reduce the company's borrowings, which is a positive step towards deleveraging. During the last financial year, this property contributed Rs. 5.95 Cr to revenue. The buyer is an unrelated third-party, confirming the transaction is not a related party deal. This strategic asset disposal aims to strengthen the company's financial position.