Everest Industries Ltd has successfully executed the sale deed for a commercial property in Mumbai at a sale consideration of ₹37.5 million. This strategic disposal is part of the company’s ongoing asset rationalization efforts to optimize its real estate portfolio and strengthen financial flexibility.
                                        
                        
	Everest Industries Limited, a prominent player in the building solutions sector, has announced the execution of the sale deed for a commercial premises located in Mumbai. The transaction, valued at ₹37.5 million, marks a significant step in the company’s strategy to divest non-core assets and unlock value from its real estate holdings.
	 
	The sale deed execution follows earlier approvals and represents progress towards enhanced capital allocation and liquidity management. The property involved is situated in a prime commercial location, aligning with Everest Industries’ approach to optimize its asset base while focusing on core business operations.
	 
	This transaction complements the company’s recent activity, including a major land sale in Podanur, Coimbatore, underlining a consistent corporate strategy to monetize surplus properties without impacting operational efficiency.
	 
	Everest Industries emphasized that these asset sales are on market terms, not involving related parties, and will not affect the company’s ongoing business activities.
	 
	Key Highlights:
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		Sale deed executed for commercial property in Mumbai at ₹37.5 million.
 
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		Transaction aligns with company’s asset optimization and liquidity enhancement goals.
 
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		Property is in a prime commercial location, reinforcing strategic divestment approach.
 
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		No impact expected on core operational activities.
 
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		Complements recent land sale transactions as part of broader rationalization efforts.
 
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		Transactions conducted on arm’s length basis, no related party involvement.
 
	Sources: Everest Industries Ltd official regulatory filings, Economic Times, ScanX Trade