Indoco Remedies Limited has announced a strategic move involving the sale and leaseback of some of its movable assets at its Waluj Facility in Aurangabad, Maharashtra. In a regulatory filing, the company stated that it has entered into both a Sale Agreement and a Lease Agreement with OPC Asset Solution Pvt. Ltd. The deal was finalized on July 31, 2025.
The total consideration for the sale of these movable properties stands at ₹27.21 crore (inclusive of GST). Despite the sale, there will be no disruption to the company’s manufacturing operations, as the assets will continue to be used by Indoco on a lease basis under the newly signed agreement.
The lease period begins on August 1, 2025, and will run for ten years, until July 31, 2035. Indoco will pay a total lease fee of ₹37.98 crore over the tenure, along with a security deposit of ₹2.72 crore.
The company clarified that OPC Asset Solution Pvt. Ltd. is not related to Indoco or its promoter group, and the transaction does not fall under the category of related party transactions. No special rights, shareholding interests, or board representation are involved in the agreement.
