Renol Polychem Makes Modest Debut on NSE SME Platform Aug 07, 2025
Polychem Limited Reports Strong Q1 FY2026 Results with 118% Surge in Consolidated Net Profit Aug 06, 2025
More news about Polychem
29Jul 25
Polychem's Subsidiary to Sell Land and Factory for Rs 29 Crore, Seeks Shareholder Approval
Polychem Limited's board has approved the sale of property owned by its subsidiary, Gujarat Poly Electronics Limited (GPEL), to Tirex Transmission Private Limited for Rs 29 crore. The sale includes leasehold rights to a 12,022.40 square meter plot and ownership of a factory building in Gandhinagar Electronic Estate. GPEL plans to relocate operations to maintain revenue. The transaction requires shareholder approval at an EGM scheduled for September 1, 2025, and statutory approvals from GIDC. Polychem also addressed a BSE fine for alleged non-compliance with NRC composition requirements.