With reference to earlier intimation to the stock exchange dated 29th July, 2025, Polychem has informed that Gujarat Poly Electronics (GPEL), a material subsidiary of the Company has entered into a deed of assignment for the sale/ assignment of the (i) leasehold rights to the plot of land situated at Plot No. B-18, Gandhinagar Electronic Estate, admeasuring 12,022.40 square metres (Land), and (ii) ownership rights to the factory building (Building) constructed on part of the Land (the Land and Building are collectively referred to as Property), to Tirex Transmission Private Limited (Tirex). GPEL received the provisional transfer order (PTO) from the Gujarat Industrial Development Corporation (GIDC) on October 1, 2025 granting its permission to transfer and assign the leasehold rights, title and interest in respect of the said Land. The details as required pursuant to Regulation 30 read with Para A, Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (basis the information provided to us by GPEL in relation to the aforementioned transaction) are enclosed herewith as Annexure A.
The above information is a part of company’s filings submitted to BSE.
