Neeraj Paper Marketing Ltd. Sells Immovable Property for Rs. 60 Lakhs
Neeraj Paper Marketing Ltd. (NPML) announced on April 3, 2026, that it has agreed to sell an immovable property located at 217, Agarwal Prestige Mall, Plot no. 2, Community Center, along Road no. 44, Pitampura, New Delhi - 110034, to Mrs. Leena Gupta D/o Kundan Lal Agarwal. The consideration for the sale is Rs. 60 lakhs.The company stated that the sale is not expected to impact its operations. The property generated rental income of Rs. 2,10,000 per annum, contributing 0.010% to the company's total income. The completion of the sale is expected within 10-15 days.
Mrs. Leena Gupta D/o Kundan Lal Agarwal, the buyer, is not affiliated with the company's promoters, promoter group, or group companies. The transaction does not fall under Regulation 37A of the SEBI LODR Regulations, 2015, and does not constitute a substantial portion of the company's undertaking.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.