RR MetalMakers India Ltd — Important, 13-03-2026: Company Update

RR MetalMakers India Limited has executed an agreement to sell its plant in Gujarat to Ojas Ecopower Limited for a total consideration of Rs. 2.65 crores. An advance of Rs. 1.50 crores has been received. This unit contributed 6.70% to the company's turnover and had a negative net worth, indicating it was an underperforming asset. The divestment is expected to streamline operations, improve the company's financial efficiency, and infuse capital. The transaction is not with a related party and was approved by shareholders.