PBM Polytex Limited has announced the sale of land in Maharashtra for ₹6.22 crores, as disclosed to BSE Limited on December 17, 2025, under Regulation 30 of SEBI (LODR) Regulations, 2015.

Land Sale Details

The company has sold land measuring approximately 11,800 square meters located in Nagpur district. The transaction involves multiple survey numbers and represents a significant asset disposal for the textile company.

Transaction Structure

The buyer of the land is Luvkush Corporation Private Limited (CIN: U45201MH2010PTC203375). The company has confirmed that the buyer does not belong to the promoter, promoter group, or group companies, ensuring an arm's length transaction.

Regulatory Compliance

PBM Polytex has clarified several important regulatory aspects of this land sale:

• The transaction does not constitute an undertaking or substantially the whole of the undertaking of the company under Section 180(1)(a) of the Companies Act, 2013.
• The sale does not fall within the purview of related party transactions.
• It is not part of any Scheme of Arrangement.
• Regulation 37A of LODR Regulations does not apply to this transaction.

The disclosure has been made in compliance with SEBI circular number SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Corporate Governance

The land sale proposal received formal approval from the Board of Directors in their meeting held on November 14, 2025. The transaction represents a strategic asset optimization move by the company, though it does not impact the core business operations or constitute a material disposal of the company's undertaking.

PBM Polytex Limited has notified the BSE regarding promoter Aditi Jussawalla's intention to sell shares in the open market. The company submitted the intimation in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Share Sale Details

The transaction details reveal the scope and structure of the planned share disposal:

Regulatory Compliance Framework

The intimation follows SEBI's Prohibition of Insider Trading Regulations and the company's Code of Conduct for regulating trading by designated persons. PBM Polytex received the formal notification from the promoter regarding the intended share sale, which necessitated the disclosure to the stock exchange under Regulation 30.

Promoter Undertakings

Aditi Jussawalla has provided comprehensive undertakings as part of the pre-clearance process:

Transaction Timeline and Restrictions

The regulatory framework establishes specific operational parameters for the proposed transaction. All trades must be executed within seven trading days after receiving clearance from the Compliance Officer. If the timeline is not met, fresh pre-clearance application will be required.

The promoter is also bound by a six-month restriction on contra trades. Any inadvertent violation would result in profit disgorgement to SEBI for credit to the Investor Protection and Education Fund.

Depository Arrangement

Eastern Financiers Limited will serve as the depository participant for the transaction. The firm is located at 1st Floor, Suite No: 102-110, 205 Atords Building, Kolkata-700071, and will facilitate the open market sale of the shares.

PBM Polytex has submitted this information to BSE for record purposes, ensuring transparency in promoter trading activities as mandated by securities regulations.