Tokyo Plast International to Sell Mumbai Property for ₹15.01 Crore, Awaits Shareholder Approval

2 min read     Updated on 10 Nov 2025, 04:00 PM
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Reviewed by
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Overview

Tokyo Plast International Limited's Board has approved the sale of an 817.50 square metre property in Andheri, Mumbai, to M/s Afitaplus Ventures LLP for ₹15.01 crore. The sale represents about 20% of the company's net worth for FY2024-25 but doesn't impact revenue. Shareholder approval is required through a special resolution at an EGM scheduled for December 10, 2025. If approved, the transaction is expected to complete within 6 months.

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

Tokyo Plast International Limited , a company listed on both BSE and NSE, has announced a significant corporate action that could impact its asset portfolio. The Board of Directors has approved the sale of an immovable property in Mumbai, subject to shareholder approval.

Key Details of the Property Sale

Aspect Details
Property Location Andheri (East), Mumbai
Property Size Approximately 817.50 square metres
Buyer M/s Afitaplus Ventures LLP
Sale Price ₹15.01 crore
Net Worth Impact Represents about 20% of the company's net worth (FY2024-25)
Revenue Contribution Property does not contribute to turnover or revenue
Shareholder Approval Required through special resolution at EGM
EGM Date December 10, 2025
Expected Completion Within 6 months of shareholder approval and final document execution

Transaction Specifics

The Board of Directors convened on November 10, 2025, to approve the sale of the company's immovable property. The property in question is situated at C.T.S. No. 732, S. No. 49A, H. No. 9, Village Marol, Andheri Kurla Road, Andheri (East), Mumbai – 400059.

Tokyo Plast International has clarified that this transaction does not fall under related party transactions, as the buyer, M/s Afitaplus Ventures LLP, does not belong to the promoter or promoter group of the company.

Regulatory Compliance and Shareholder Approval

The sale requires shareholder approval through a special resolution under Section 180(1)(a) of the Companies Act, 2013, read with Regulation 37A of the SEBI Listing Regulations. To facilitate this, the company has scheduled an Extraordinary General Meeting (EGM) for December 10, 2025, to be held virtually at 12 p.m.

Financial Implications

While the property represents a significant portion of the company's net worth, it's important to note that it does not contribute to the company's turnover or revenue. The sale, if approved, could potentially provide Tokyo Plast International with additional liquidity for its operations or future investments.

Next Steps

Shareholders will play a crucial role in determining the outcome of this proposed sale. If approved at the EGM, Tokyo Plast International expects to complete the transaction within six months, subject to the execution of final documents and receipt of all necessary approvals.

Investors and stakeholders are advised to keep an eye on the outcome of the EGM and any subsequent announcements from the company regarding the progress of this property sale.

Historical Stock Returns for Tokyo Plast International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.17%-2.75%-4.93%-19.61%-6.58%+70.75%
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Tokyo Plast International and JSW Infrastructure Report Q2 FY26 Financial Results

1 min read     Updated on 17 Oct 2025, 04:53 PM
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Reviewed by
Ashish TScanX News Team
Overview

JSW Infrastructure announced robust financial results for Q2 FY26. Consolidated figures show Total Income of ₹1,265.59 crore and Net Profit After Tax of ₹368.81 crore. Standalone results include Total Income of ₹143.03 crore and Net Profit After Tax of ₹119.02 crore. The company's consolidated Net Worth stands at ₹9,836.25 crore. Tokyo Plast International Limited submitted its unaudited financial results for the same quarter, adhering to regulatory requirements by publishing in newspapers on October 17, 2025.

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

Tokyo Plast International Limited and JSW Infrastructure have released their financial results for the quarter ended September 30, 2025, showcasing diverse performance across the two companies.

Tokyo Plast International Limited's Unaudited Results

Tokyo Plast International Limited has submitted its unaudited financial results for the quarter ended September 30, 2025, to the stock exchanges. The company adhered to regulatory requirements by publishing these results in newspapers on October 17, 2025, demonstrating its commitment to transparency and timely disclosure.

JSW Infrastructure's Robust Performance

JSW Infrastructure reported both standalone and consolidated financial results for the quarter and half year ended September 30, 2025, revealing strong financial performance.

Standalone Results

On a standalone basis, JSW Infrastructure reported:

Metric Q2 FY26
Total Income ₹143.03
Net Profit After Tax ₹119.02
Earnings Per Share ₹0.57

Consolidated Results

The consolidated figures paint a more comprehensive picture of JSW Infrastructure's performance:

Metric Q2 FY26
Total Income ₹1,265.59
Net Profit After Tax ₹368.81
Earnings Per Share ₹1.74

Financial Position

As of September 30, 2025, JSW Infrastructure's financial position shows:

  • Paid-up Equity Share Capital: ₹416.28 crore
  • Reserves (excluding Revaluation Reserve): ₹9,787.67 crore (consolidated)
  • Net Worth: ₹9,836.25 crore (consolidated)

These figures indicate a strong financial foundation for JSW Infrastructure, with substantial reserves and net worth.

Comparative Analysis

While detailed comparative data for the previous periods is not provided, the results suggest that JSW Infrastructure has maintained a robust financial performance in the second quarter of the fiscal year 2025-26.

The significant difference between standalone and consolidated results highlights the importance of JSW Infrastructure's subsidiaries and joint ventures in contributing to the overall group performance.

Conclusion

JSW Infrastructure's financial results for Q2 FY26 demonstrate the company's strong market position and operational efficiency. The substantial consolidated income and profit figures underscore the company's ability to generate value across its various business segments.

Tokyo Plast International Limited's timely submission of unaudited results reflects its commitment to regulatory compliance and shareholder transparency, although specific financial details were not disclosed in the available information.

Historical Stock Returns for Tokyo Plast International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.17%-2.75%-4.93%-19.61%-6.58%+70.75%
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