Polychem
1,970.00
-9.95(-0.50%)
Market Cap₹78.80 Cr
PE Ratio2.44
IndustryChemicals
Company Performance:
1D-0.50%
1M+1.49%
6M-28.62%
1Y-3.42%
5Y+347.73%
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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.
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Polychem
1,970.00
-9.95
(-0.50%)
1 Year Returns:-3.42%
Industry Peers