Patel Engineering (PATELENG) — Announcement

📢 Key Event
Patel Engineering completes sale of 32% stake in ACP Tollways

🔄 What Changed
Rs 55 Crore consideration received; 32% stake transferred

💡 Investor Takeaway
The sale reduces Patel Engineering's exposure to ACP Tollways while generating Rs 55 crore in proceeds.

Patel Engineering announced the sale of 84,95,040 equity shares representing 32% of ACP Tollways Private Limited, its associate company, to APCO Infratech Private Limited and other non-promoter buyers for Rs 55 crore, completing the transaction on August 28, 2026. The sale contributes Rs 26.02 crore to consolidated net worth and Rs 12.73 crore to consolidated net profit, with no material impact on overall financials.

📄 View Original Announcement (PDF)

📊 Stock Analysis — PATELENG ✨ Ask AI About This

About Patel Engineering Ltd (PATELENG)

Construction · Infrastructure Developers & Operators · Listed on BSE

Market Cap: ₹2,757.16 Cr P/E: 9.1 ROE: 6.3% ROCE: 10.4%

View full PATELENG stock details →

📡 Get AI alerts when PATELENG files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track PATELENG — Free

💡 Ask AI about this filing

"What is the valuation multiple applied to the ACP stake sale?" "How will the Rs 55 crore proceeds be utilized by Patel Engineering?" "What is the impact on consolidated earnings per share post-disposal?"

Ask AI Free →

📊 More PATELENG filings

See all PATELENG filings →

🔥 Also filed on 28 August 2026

BLIL Balmer Lawrie Investment Ltd Annual Report 520075 Samkrg Pistons & Rings Ltd Annual Report 507998 Simmonds Marshall Ltd Annual Report BLUEDART Blue Dart Express Ltd Annual Report TTL T T Ltd Insider Trading LTF L&T Finance Ltd Corporate Action

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when PATELENG files new disclosures

Track PATELENG filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track PATELENG — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd