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Mangalam Seeds Sows Strategic Shift: Gujarat Property Sale Gets Board Nod


Updated: June 30, 2025 19:00

Image Source: Moneycontrol
Mangalam Seeds Ltd has received board approval to sell a key immovable property located in Chhatral, Kalol Taluka, Gandhinagar district, Gujarat, signaling a strategic move to unlock capital and optimize its asset base. The decision was finalized at the board meeting held on June 30, 2025, following an earlier intimation to the BSE.
 
The property in question spans Survey Nos. 1380/P and 1383/P, and while the company has not disclosed the buyer or transaction value, the sale is expected to streamline operations and potentially fund future expansion or debt reduction. The move aligns with Mangalam’s broader focus on core agri-biotech operations, including hybrid seed development and sustainable farming solutions.
 
This asset monetization comes on the heels of a strong financial year for Mangalam Seeds, which reported a 56.8% YoY jump in net profit and a 50% surge in operating profit for Q4 FY25. The company has also benefited from recent government initiatives aimed at boosting seed production and self-reliance in pulses.
 
Market analysts view the property sale as a prudent capital reallocation strategy, especially as Mangalam looks to scale its R&D capabilities and expand its distribution footprint across India’s agri-heartlands. The board’s swift approval suggests confidence in the company’s growth trajectory and operational agility.
 
The company is expected to disclose further details, including buyer identity and financial impact, in upcoming regulatory filings.
 
Sources: Economic Times, Rediff MoneyWiz, Trendlyn

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