Patel Engineering has informed that the Board of Directors vide its resolution dated May 14, 2025 approved the proposal for sale of Company’s entire stake in ACP Tollways, an associate company, sale of 84,95,040 equity shares of face value Rs 100. The proposed transaction is subject to receipt of necessary approvals from lenders of the associate company. Further details regarding the transaction will be disclosed to the exchange upon completion of the requisite approval process/documentation. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, issued by the Securities and Exchange Board of India is mentioned in Annexure 1.
The above information is a part of company’s filings submitted to BSE.
