Autoline Industries Limited has announced the completion of its subsidiary sale transaction, marking a significant corporate restructuring move. The company successfully transferred its stake in Autoline Industrial Parks Ltd. (AIPL) to MNSC Realty & Developers Pvt. Ltd. on April 16, 2026.

Transaction Overview

The sale transaction stems from a Share Purchase Agreement (SPA) originally executed on August 08, 2023, with an amended agreement dated September 18, 2025. The deal involved the transfer of a 44.78% equity stake in AIPL, including a 1.52% stake held by Autoline Design Software Ltd. (ADSL), the company's wholly owned subsidiary.

Financial Details

The total consideration received from the sale amounted to ₹1,02,85,04,556, distributed among various transferors:

At the time of sale, AIPL reported a net worth of ₹1,15,83,82,301 as on March 31, 2025, with nil turnover or income from the subsidiary.

Management Transition

Following the transaction completion, all existing directors associated with Autoline Industries Limited on AIPL's board submitted their resignations effective April 16, 2026. The complete management control and operations of AIPL have been transferred to MNSC Realty & Developers Pvt. Ltd., which has appointed a new set of directors to oversee the company's management.

Buyer Profile

MNSC Realty & Developers Pvt. Ltd., incorporated under the Companies Act, 2013, operates primarily in real estate activities and other business verticals. The company confirmed that the buyer does not belong to the promoter group or group companies, making this transaction arm's length and not classified as a related party transaction.

Regulatory Compliance

The transaction was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has provided detailed disclosures as per SEBI Master Circular dated January 30, 2026, ensuring full regulatory compliance. The sale does not fall under any scheme of arrangement and was completed outside such frameworks.

Impact on Corporate Structure

With the completion of this transaction, AIPL is no longer classified as a material subsidiary, subsidiary, or associate company of Autoline Industries Limited effective from April 16, 2026. This strategic divestiture represents a significant change in the company's corporate structure and business portfolio.

Autoline Industries Limited has submitted its quarterly compliance certificate to the stock exchanges in accordance with SEBI regulations. The certificate, filed on April 7, 2026, pertains to the quarter ended March 31, 2026, and was submitted to both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance Filing

The company filed the certificate pursuant to Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018. This regulation requires companies to submit quarterly certificates regarding their dematerialization activities through their Registrar and Share Transfer Agent (RTA).

RTA Confirmation

MUFG Intime India Private Limited, formerly known as Link InTime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The RTA confirmed in its certificate dated April 6, 2026, that no securities were received for dematerialization during the quarter ended March 31, 2026.

Company Information

Autoline Industries Limited is registered with CIN L34300PN1996PLC104510 and has its registered office located at Survey Nos. 313/314, Nanekarwadi, Chakan, Tal: Khed, Dist. Pune 410 501. The filing was signed by Shivaji Tukaram Akhade, Managing Director (DIN: 00006755), confirming the company's commitment to regulatory compliance.

This routine regulatory filing demonstrates the company's adherence to SEBI's depositories and participants regulations, ensuring transparency in its share transfer and dematerialization processes.