Aarti Industries Ltd's Subsidiary Sells Stake in Shanti Intermediates Private Limited
Aarti Industries Ltd has completed the sale of its wholly owned subsidiary, Aarti Corporate Services Limited, which disposed of its entire equity stake in Shanti Intermediates Private Limited. With the conclusion of this transaction, Shanti Intermediate Private Limited has ceased to be a step-down subsidiary of the Company.The sale was finalized on June 23, 2026. The buyers for Shanti Intermediates Private Limited were identified as Mr. Vallabh Bachubhai Trada and Ms. Rekha Vallabhbhai Trada, neither of whom belong to the Promoter group or Promoter category.
Regarding the transaction details, Aarti Corporate Services Limited received a consideration of ₹ 150.18 Lakhs for the disposal. The company confirmed that the transaction falls under related party transactions but was conducted at arm's length.
Financial Snapshot of the Subsidiary
The financial performance metrics of Shanti Intermediates Private Limited, as per audited statements dated March 31, 2026, were noted in detail.| Particular | Amount (in Lakhs) | Percentage of Consolidated Figures |
|---|---|---|
| Total Income | 880.55 | 0.11% of consolidated income |
| Net Worth | (147.80) | (0.02%) of consolidated net worth |
The completion of the sale marks a significant operational update, bringing clarity to the company's subsidiary structure following this material disposal.
AARTIIND Stock Price Movement
As of 2:31 PM, shares of Aarti Industries Limited are shedding 1.70% in live trading, currently slipping to ₹465.55 after falling by ₹8.05. The stock has seen intense movement today, trading within a range and accounting for 428,423 shares in volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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