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IITL Projects has signed a Share Purchase Agreement to sell its 4,00,880 preference shares in Capital Infraprojects Private Limited (CIPL) to Medanta Real Estate Private Limited. The company will receive Rs. 0.40 Cr from this sale. While the initial aggregate value of these shares was Rs. 0.48 Cr, IITL Projects had previously fully impaired this investment on its books. This transaction effectively allows the company to recover capital from a previously written-off asset. The sale is expected to be completed by December 31, 2025, subject to certain conditions.