Fluidomat Limited has successfully completed the sale of a portion of its unused agricultural land, as disclosed in a recent regulatory filing. The company executed a sale deed for 0.549 hectare of freehold agricultural land located in Hingonia Gram, Indore, Madhya Pradesh.

Transaction Details

The sale, which was part of a previously announced land divestment, has been finalized with the buyer, Mr. Mahendra Mandloi. Fluidomat Limited received the full payment of Rs. 177.00 lakhs for the transacted land.

Background of the Deal

Initially, the buyer had agreed to purchase the entire 0.743 hectare plot for Rs. 180.00 lakhs. However, the final agreement was modified, with Mr. Mandloi opting to acquire only 0.549 hectare at the revised price of Rs. 177.00 lakhs. As a result of this adjustment, the remaining 0.194 hectare will continue to be held by Fluidomat Limited.

Regulatory Compliance and Transparency

In compliance with SEBI regulations, Fluidomat Limited has made the necessary disclosures regarding this transaction. The company confirmed that the buyer, Mr. Mahendra Mandloi, does not hold any shares in Fluidomat Limited. Furthermore, the disclosure explicitly stated that none of the company's promoters, directors, or key management personnel have any interest in this land sale transaction.

Company Secretary's Statement

Devendra Kumar Sahu, Company Secretary and Compliance Officer of Fluidomat Limited, signed off on the regulatory filing, ensuring adherence to the disclosure requirements under SEBI (LODR) Regulations, 2015.

This land sale aligns with Fluidomat Limited's strategy to divest non-core assets, potentially allowing the company to focus on its primary business operations and optimize its asset portfolio.

Fluidomat Limited , a leading manufacturer of fluid couplings, has announced several key decisions taken at its board meeting held on August 13, 2025. The company has reappointed Kunal Jain as Whole-Time Director designated as Executive Director for a three-year term and released its financial results for the first quarter.

Board Decisions and Appointments

The Board of Directors, based on recommendations from the Nomination & Remuneration Committee, approved the reappointment of Kunal Jain (DIN: 01475424) as Whole-Time Director designated as Executive Director for a three-year term starting May 1, 2026. This reappointment is subject to shareholder approval at the upcoming Annual General Meeting scheduled for September 26, 2025.

Kunal Jain, with 23 years of experience in commercial matters and industrial management, is the son of Chairman & Managing Director Ashok Jain and brother of Deputy Managing Director Radhica Sharma. The company confirmed that Jain is not debarred from holding the director position by any regulatory authority.

Additionally, the board approved the appointment of Venugopal Bhongir as the head of design and development, designated as General Manager. Bhongir, with 18 years of experience in design, engineering, and new product development, will be categorized as Senior Management Personnel.

Q1 Financial Results

Fluidomat Limited also released its unaudited financial results for the quarter ended June 30, 2025:

The company's revenue from operations decreased by 20.57% year-over-year, while net profit declined by 36.91% compared to the same quarter last year.

Other Key Announcements

• The board recommended a dividend of ₹7.50 (75%) per equity share of ₹10 each for the year 2024-25, subject to shareholder approval.
• The 49th Annual General Meeting is scheduled for September 26, 2025, to be held through video conferencing.
• M/s D. K. Jain & Co., Practicing Company Secretaries, has been appointed as the Secretarial Auditor for a term of five consecutive years from April 1, 2025, to March 31, 2030.
• The company has entered into a business development agreement with S-Ancial Technologies Private Limited to develop business expansion and revenue growth opportunities using AI tools and technology.

Fluidomat Limited continues to focus on strategic growth and corporate governance as it navigates the challenges in the fluid coupling manufacturing sector.