Prashant India Ltd. has completed the sale of its N.A.

Industrial Land & Building of the Textile Division located at Palsana to Shantilon Poly Private Limited.

The total consideration received for this asset disposal is ₹10 crore.

This transaction, involving a buyer whose directors are part of the promoter group (and also a secured creditor), was conducted on an arm's length basis.

The sale finalizes the divestment of a non-contributing asset, as the Textile Division reported no turnover, which could help optimize the company's asset base.