Raj Television Network Sells Hyderabad Property for ₹22 Crore
Raj Television Network executed a property sale agreement for ₹22 crore. The sale is expected to complete by June 30, 2026. Shareholders approved the sale on September 30, 2025.
The sale of a property for ₹22 crore is a material transaction that could impact the company's asset base and liquidity, hence a medium impact.
The sale of a property is a significant corporate action but does not inherently indicate a positive or negative financial outlook without further context on the necessity of the sale or the use of proceeds.
Raj Television Network Limited has executed an "Agreement for Sale" for the sale of its property located at Plot No. 656/1, Road No.34, Jubilee Hills, Hyderabad. The agreement was finalized on December 18, 2025.
The total consideration agreed upon for the sale of the property is ₹22,00,00,000 (Rupees Twenty-Two Crore Only). Upon execution of the agreement, the company received ₹3,00,00,000 (Rupees Three Crore Only). Additionally, a cheque dated January 6, 2026, for ₹1,00,00,000 (Rupees One Crore Only) has been received. The remaining balance of ₹18,00,00,000 (Rupees Eighteen Crore Only) will be received at the time of the execution and registration of the Sale Deed.
The sale is expected to be completed on or before June 30, 2026, as mutually agreed between the company and the purchaser, Mrs. Rayavarapu Amulya. The buyer does not belong to the promoter, promoter group, or group companies, and the transaction is not considered a related party transaction.
This sale of the undertaking is outside of a scheme of arrangement. The shareholders of the company had previously approved the sale of this property at the 31st Annual General Meeting held on September 30, 2025. The property did not contribute any turnover, revenue, or income during the last financial year.
What to do with a filing like this
Raj Television Network Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Raj Television Network Limited. Read the original for the full detail.