Sumedha Fiscal Services Ltd — Important, 22-05-2026: Company Update
22-05-2026 · 06:35 pm
Sumedha Fiscal Services has completed the sale of its Hyderabad property. The company received the final payment of 0.2000677 Crore, bringing the total sale proceeds to 0.35 Crore. This follows an earlier payment of 0.1499323 Crore for the asset. This transaction concludes the divestment of a non-core property, enhancing the company's cash position. For shareholders, this signifies a step in asset management, converting a physical asset into liquid funds and strengthening the balance sheet.
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