Ganesh Benzoplast Approves ₹1,154 Crore LST And Rail Sale To KKR-Backed Buyer

Board approved sale of JNPT/Cochin/Goa liquid storage undertaking and Daund rail logistics business to KKR-backed Cisternina Logistics for Rs 1154 Cr via slump sale, subject to shareholder approval. Divests ~46% of FY26 revenue and ~45% net worth, leaving chemicals-led company. Executes long-stated plan for separate Infra vs Chemical valuation; first large third-party Infra monetization. Completion needs shareholder nod via postal ballot plus regulatory approvals; price subject to adjustments. Use of Rs 1154 Cr proceeds, valuation basis and timeline not disclosed.