ABC India Board Approves Rs. 3.10 Crore Petrol Pump Unit Sale Under SEBI Regulation 30
ABC India Limited has announced the board approval for selling its petrol pump unit in Pune for Rs. 3.10 crores under SEBI Regulation 30. The unit contributed significantly with Rs. 65.28 crores turnover (35.30% of total) and Rs. 46.72 lakhs net worth. The sale to two individual buyers is expected to complete by December 2026.

*this image is generated using AI for illustrative purposes only.
ABC India Limited's Board of Directors has approved the sale of its petrol pump unit for Rs. 3.10 crores, as announced in a regulatory filing under SEBI Regulation 30 following a board meeting held on March 21, 2026. The decision represents a significant divestment for the company, involving a unit that has been a substantial contributor to its operations.
Transaction Details and Regulatory Compliance
The board has authorized the sale of the petrol pump unit located at Pune, Mumbai Road, NH 4, Talegaon Dabhade, Tal Maval, Dist-Pune, Pin-410506. The buyers are Mr. Ameya Shirish Malpathak and Mr. Nitish Shirish Malpathak, who reside at House No 45, Panchvati Colony, Near Gajanan Maharaj Temple, Talegaon, Dabhade, Katavi, Pune, Maharashtra 410506.
| Parameter: | Details |
|---|---|
| Sale Consideration: | Rs. 3.10 crores |
| Location: | Pune, Mumbai Road, NH 4, Talegaon Dabhade |
| Buyers: | Mr. Ameya Shirish Malpathak & Mr. Nitish Shirish Malpathak |
| Board Meeting Date: | March 21, 2026 |
| Meeting Duration: | 11:40 A.M. to 12:10 P.M. |
The company has filed the disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with BSE Limited and The Calcutta Stock Exchange Limited. The sale consideration includes the right to transfer the petrol pump dealership to the buyers.
Financial Impact and Unit Performance
The petrol pump unit has been a significant revenue generator for ABC India Limited. During the last financial year, the unit demonstrated strong operational performance across multiple financial metrics as disclosed in the regulatory filing.
| Financial Metric: | Amount | Percentage |
|---|---|---|
| Turnover Contribution: | Rs. 65.28 crores | 35.30% |
| Net Worth Contribution: | Rs. 46.72 lakhs | - |
The unit's substantial contribution of 35.30% to the company's total turnover highlights its importance within ABC India's business portfolio. The significant contribution underscores the strategic nature of this divestment decision.
Transaction Timeline and Documentation
The company has outlined a clear timeline for completing the transaction, with specific milestones for documentation and final completion as per the regulatory disclosure.
| Timeline Aspect: | Date |
|---|---|
| MOU Execution: | By March 31, 2026 |
| Expected Completion: | December 31, 2026 |
| Regulatory Filing: | March 21, 2026 |
The transaction does not involve any related party dealings, as confirmed in the regulatory filing. The purchasers do not belong to the promoter or promoter group of the company. The board has authorized company officials to execute the requisite Memorandum of Understanding and other necessary documents. The company has confirmed that requisite updates will be intimated to stock exchanges as and when required, and the information is also available on the company's website at www.abcindia.com .
Historical Stock Returns for ABC India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.42% | -5.86% | -12.69% | -30.15% | -37.91% | -2.92% |
































