Autoline Industries Ltd
🏠Autoline Industries Completes Sale of 44.78% Stake in Subsidiary AIPL
• Sold 44.78% stake in subsidiary Autoline Industrial Parks Ltd. (AIPL) to MNSC Realty & Developers Pvt. Ltd.
• Transaction finalized on April 16, 2026, with full subscription money received.
• AIPL's net worth was ₹115.84 crore as of March 31, 2025, but contributed no turnover or income in the last financial year.
• All Autoline directors resigned from AIPL's board, and management control transferred to MNSC.
• Buyer MNSC Realty & Developers is not related to Autoline's promoters or group companies.