Nexxus Petro Industries Ltd — Important, 30-03-2026: Company Update
30-03-2026 | 12:50 pm
30-03-2026 | 12:50 pm
Nexxus Petro Industries' board approved the sale of a 3.99-acre land parcel in Pali, Rajasthan, for ₹1.7171 Crore. The company stated this sale of a non-operational, non-core asset is to unlock value and will not materially impact its existing business operations. The land's book value was approximately ₹1.43 Crore. This transaction is not considered a related party transaction. While the undertaking contributed ₹51.75 Crore to last year's ₹305.04 Crore turnover, it is no longer part of ongoing operations.
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