Autoline Industries Ltd. announced that it has entered into a supplemental agreement with MNSC Realty & Developers Pvt. Ltd. to modify the terms of its stake sale in Autoline Industrial Parks Ltd. (AIPL).
Under the agreement, the payment deadline has been extended to October 30, 2025 for the sale of its 44.78% stake in AIPL. The company said it has received ₹84.50 crore out of the total consideration of ₹95.17 crore to date.
The buyer, MNSC Realty & Developers, does not form part of the promoter group, and the transaction does not fall under related party dealings. Autoline also noted that AIPL has not been a material subsidiary since April 2025.
The move is aimed at streamlining operations and unlocking value from non-core assets.
