Hirect completed the sale of the residual part of its non-operational Dehradun plant for ₹4.5 crore on September 24, 2026. The transaction involves land and assets situated at Village Chharba, Uttarakhand.

The company entered into a sale deed with Mrs. Avantika Saklani and Mr. Sureshchand Saklani, who are unrelated to the promoter group. The disposal falls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transaction details

The sale marks the completion of a process initiated in earlier communications dated June 22, 2026, and November 6, 2025. The plant has been non-operational since 2023, meaning it contributed no turnover or revenue to the company’s net worth in the last financial year.

Asset status and compliance

The disposed assets are located at New Khasra No. 64 to 67 & 74, Chharba Langha Road, Vikas Nagar, Dehradun. Since the unit was non-operational, the disclosure notes that standard metrics regarding revenue contribution are not applicable. The transaction was executed outside any scheme of arrangement, rendering Regulation 37A compliance requirements not applicable.

Hirect Limited has accepted the resignation of Mrs. Preeti Sharma, Head Legal and Senior Management Personnel (SMP), effective September 24, 2026. The departure marks a change in the company's senior legal leadership structure.

Resignation details

Mrs. Sharma tendered her resignation via a letter dated June 25, 2026, citing the desire to pursue better career opportunities outside the organization. The company confirmed that she was relieved from her duties at the close of business hours on September 24, 2026. In her resignation letter addressed to Chairman and Managing Director Mr. Suramya Nevatia, Mrs. Sharma stated there were no other material reasons for her exit apart from seeking an alternative career path.

Regulatory compliance

The intimation was filed with BSE and NSE under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure complies with SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The company noted that details regarding her profile and relationships with directors were not applicable as this pertains to a cessation rather than an appointment.