Laxmipati Engineering Works Ltd — Important, 02-01-2026: Company Update

Laxmipati Engineering Works Limited has completed the sale of its leasehold land located at Dahej-II. This property did not contribute to the company's turnover or revenue. The sale, approved by shareholders, generated a consideration of Rs. 45.6 Cr (excluding GST). The buyer is Technip Energies India Limited, and the transaction was not a related party deal. This move monetizes a non-revenue-generating asset, providing a significant cash inflow for the company.