Colinz Laboratories Ltd — Important, 17-01-2026: Company Update

Colinz Laboratories' board has approved the sale of its factory building, machinery, and land undertaking located in Sinnar, Nashik. The sale, previously approved by shareholders, is to M/s. Hilsun Foods And Drugs Private Limited for a consideration of Rs. 4 Crore. This transaction is with an unrelated third party and conducted on an arm's-length basis. The board also authorized the execution of the sale agreement, with completion expected by March 31, 2026. This move impacts the company's operational footprint and asset base.