Sodhani Academy of Fintech Enablers Limited Announces Property Sale Worth ₹22,00,000

1 min read     Updated on 26 Mar 2026, 08:44 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Sodhani Academy of Fintech Enablers Limited announced the sale of its Jaipur property for ₹22,00,000 to independent buyer Mr. Dipendra Sharma. The Board approved the transaction on March 26, 2026, involving a flat at Mayfair Heights with completion expected by April 30, 2026. The property generated no revenue for the company and the transaction complies with all regulatory requirements under SEBI Listing Regulations.

powered bylight_fuzz_icon
36083691

*this image is generated using AI for illustrative purposes only.

Sodhani Academy of Fintech Enablers Limited has announced the sale of its property in Jaipur for a consideration of ₹22,00,000. The Board of Directors approved this transaction during their meeting held on March 26, 2026, as part of the company's asset optimization strategy.

Property Sale Details

The transaction involves the disposal of a residential flat located at a prime location in Jaipur. The property specifications and transaction timeline are outlined below:

Parameter: Details
Property Location: Flat No-512 on 5th Floor, Mayfair Heights, P No-3 Kardhani Yojna Govindpura Kalwar Road, Jaipur
Sale Consideration: ₹22,00,000
Buyer: Mr. Dipendra Sharma
Agreement Date: March 26, 2026
Expected Completion: April 30, 2026

Transaction Characteristics

The property sale represents a straightforward asset disposal transaction with several key characteristics. The buyer, Mr. Dipendra Sharma, is an independent party with no connection to the company's promoter group or related entities. This ensures the transaction maintains arm's length commercial terms without any related party implications.

The property did not contribute to the company's operational revenue or income generation during the last financial year, indicating it was likely held as a non-core asset. The disposal aligns with typical corporate asset optimization practices where companies divest non-productive assets to improve capital efficiency.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations by promptly informing BSE Limited about this material transaction. The comprehensive disclosure includes all required details about the transaction structure, buyer information, and expected timeline.

Compliance Aspect: Status
Related Party Transaction: Not Applicable
Scheme of Arrangement: Not Applicable
Slump Sale Provisions: Not Applicable
Regulatory Filing: Completed on March 26, 2026

The transaction is expected to be completed by April 30, 2026, subject to standard closing conditions and documentation formalities. This property disposal may contribute to the company's cash position and support its core fintech enablement activities.

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+2.07%+7.43%-9.07%-39.79%-18.92%+223.45%

How will Sodhani Academy deploy the ₹22 lakh proceeds from this property sale to strengthen its fintech enablement business?

Does this asset disposal signal a broader portfolio restructuring strategy, and are there additional non-core assets planned for divestment?

What impact will this transaction have on the company's cash flow and ability to fund future fintech initiatives or acquisitions?

Sodhani Academy of Fintec
View Company Insights
View All News
like18
dislike

Sodhani Academy of Fintech Enablers Restructures Operations with Branch Closures, New Mumbai Office, and University Partnership

2 min read     Updated on 28 Jan 2026, 01:45 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Sodhani Academy of Fintech Enablers Limited restructured its operations on January 28, 2026, closing Bengaluru and Guwahati branches (contributing less than 1% of turnover) and transitioning to franchise model for cost optimization. The company simultaneously opened a new Mumbai branch at Lodha Supremus, Andheri (East), operational from February 04, 2026, and completed a 50-person capacity operational centre using IPO proceeds. Additionally, the board approved an academic partnership with Vishvakarma Skill University, Jaipur, to offer university-approved skill-based programmes to enrolled students.

powered bylight_fuzz_icon
31133747

*this image is generated using AI for illustrative purposes only.

Sodhani Academy of Fintech Enablers Limited has announced a comprehensive restructuring of its operations following board decisions made on January 28, 2026. The fintech education company is transitioning its business model while expanding its presence in key markets and strengthening its academic offerings.

Branch Closure and Franchise Model Transition

The board approved the closure of two branch offices and their transition to a franchise-based operating model. This strategic shift aims to rationalize operations, optimize costs, and improve business efficiency while maintaining market presence.

Branch Location: Address Closure Date
Bengaluru Branch: 1st Floor, 632, 2nd Main, 2nd Cross Road, RBI Layout, Phase 7, J.P. Nagar, Bengaluru – 560078, Karnataka January 31, 2026
Guwahati Branch: 103, 1st Floor, Silver Oak Plaza, NH-37, Sawkuchi, Guwahati – 781040, Assam January 31, 2026

The company disclosed that these branches contributed less than 1% of total turnover during the last financial year, indicating minimal financial impact from the closure. The franchise model will ensure continued business operations in these locations while reducing operational overhead.

New Mumbai Branch Opening

Sodhani Academy of Fintech Enablers has approved the establishment of a new branch office in Mumbai to strengthen its presence in the financial capital. The new facility will be located at A-113 & A-112, Lodha Supremus, MIDC Road, Andheri (East), Mumbai – 400093, and will become operational from February 04, 2026.

IPO-Funded Operational Centre Development

The board was informed about the completion of a new operational centre developed using funds raised through the company's Initial Public Offer. This facility features a seating capacity of approximately 50 persons and has been designed for business and training operations. The centre is expected to become fully operational within the next 15 days, supporting the company's growth objectives as outlined in its IPO prospectus.

Academic Partnership with Vishvakarma Skill University

The company has entered into an academic affiliation with Vishvakarma Skill University, Jaipur, to enhance its educational offerings. This partnership will enable the company to conduct university-approved skill-based and academic programmes for its enrolled students.

Partnership Details: Information
Partner Institution: Vishvakarma Skill University, Jaipur
Purpose: Conducting university-approved skill-based and academic programmes
Relationship Type: Academic affiliation (not a related party)
Financial Commitment: No equity participation or capital commitment
Related Party Status: Not applicable

The tie-up will allow the company to offer university-recognized programmes while ensuring compliance with applicable regulatory and academic requirements. The board has authorized the execution of the Memorandum of Understanding with the university.

Operational Impact and Compliance

The restructuring initiatives are designed to enhance operational efficiency without materially impacting the company's core business activities. The transition from company-operated branches to franchise operations represents a change in operational methodology rather than a fundamental alteration of business activities. The company has committed to ensuring full compliance with statutory, regulatory, and contractual requirements, including labor laws, tax regulations, and regulatory filings throughout the transition process.

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+2.07%+7.43%-9.07%-39.79%-18.92%+223.45%
Sodhani Academy of Fintec
View Company Insights
View All News
like19
dislike

More News on Sodhani Academy of Fintec

1 Year Returns:-18.92%