Bajaj Healthcare Limited Approves Sale of Operational Business Unit to Orchem Products
Bajaj Healthcare Limited has announced the approval for the sale of one of its operational business units. The company's Board of Directors approved the sale on June 23, 2026.The business unit, located at Plot No. N-178, MIDC, Tarapur Industrial Area, Tarapur, Boisar, Palghar-401506, is scheduled for disposal to a buyer named M/s Orchem Products. The transaction is expected to be completed on or before October 31, 2026.
The sale involves the transfer of assets and operations of this unit. In terms of financial structure, the consideration for the sale is stated to be up to ₹4.05 Crores (Rupees Four Crores and Five Lakhs Only).
Details regarding the performance and standing of the business unit during the last financial year are summarized below:
| Metric | Amount | Percentage |
|---|---|---|
| Revenue | 3.31 Crores | 0.54% |
| Net-Worth | 3.97 Crores | 0.74% |
The buyer, M/s Orchem Products, is confirmed to be outside the Promoter/Promoter Group/Group Companies, ensuring that the transaction does not fall within the purview of Related Party Transactions.
Key information regarding the sale includes:
- Buyer: M/s Orchem Products
- Related Party Status: The buyer does not belong to the Promoter/Promoter Group/Group companies.
- Nature of Transaction: The sale is confirmed as non-related party transaction.
- Completion Target: The disposal is anticipated by October 31, 2026.
BAJAJHCARE Stock Price Movement
Bajaj Healthcare Limited shares today slipped by 0.98%, settling at ₹313.40 in post-market trading. The stock saw a volume of 162730 shares traded during the session, finishing down from its previous close.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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