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Repro India completes sale of non-operational immovable property in Navi Mumbai

23 May 2026 Evaluate

Repro India has completed the sale of non-operational immovable property admeasuring 14,093 sq. mtrs., located at Trans Thane Creek Industrial Area, MIDC, Mahape, Navi Mumbai (Property) to STT Global Data Centres India (Buyer). The completion has been effected upon execution of the Assignment Deed dated May 22, 2026, for transfer of leasehold rights in respect of the Property in favour of the Buyer.

The Property is held on lease from Maharashtra Industrial Development Corporation (MIDC), and the company has transferred its leasehold rights therein in accordance with the applicable terms and conditions prescribed by MIDC. The company has obtained the necessary approvals/consents from MIDC for effecting the aforesaid transfer. The entire consideration of Rs 282 crore has been received by the company upon execution of the Assignment Deed.

The aforesaid transaction pertains to monetization of a non-core, non-operational asset and the proceeds thereof shall be utilised towards reduction of debt and strengthening of the company’s balance sheet, in line with its strategic objective of unlocking value for shareholders.

Repro India is engaged in carrying on the business of printing and to act as Job printers, Lithographers, Stereotypers, electrotypers, photographic printers, book binders, etc.


Repro India Share Price

345.95 -13.15 (-3.66%)
04-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
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