GENERAL29 Sept 2026
Ganesh Benzoplast to sell liquid storage, rail logistics businesses for ₹1,154 crore - CNBC TV18
Ganesh Benzoplast has agreed to sell its liquid storage tank and rail logistics businesses to Cisternina Logistics for ₹1,154 crore. An entity owned by KKR-managed funds will invest in the buyer. The deal closes in tranches over 18 to 24 months. A separate engineering, procurement and construction (EPC) engagement with CLPL may bring about ₹280 crore of revenue in the same period. Shareholders should watch the filings.
Key Statutory Highlights
- Ganesh Benzoplast has agreed to sell its liquid storage tank and rail logistics businesses to Cisternina Logistics for ₹1,154 crore.
- An entity owned by KKR-managed funds and vehicles will invest in the buyer, and the transaction is expected to close in tranches over 18 to 24 months.
- A separate EPC engagement with CLPL could generate around ₹280 crore of revenue for Ganesh Benzoplast over the same period.
Actionable Advice for Taxpayers / Founders:If you hold Ganesh Benzoplast shares or do business with the company, track its official stock exchange filings for updates on the sale tranches and the CLPL engagement, and speak to your CA before taking any decision based on this news.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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