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Ganesh Benzoplast Sells LST And Rail Businesses For Rs1,154 Crore To KKR


29 September 2026
Ganesh Benzoplast Ltd.

Signed definitive deals to sell liquid storage tank business at JNP, Goa, Cochin and rail logistics subsidiary to KKR-backed Cisternina for Rs1,154 crore via slump sale, closing in tranches over 18-24 months pending approvals. Plans buyback consideration, chemicals/EPC expansion, plus Rs280 crore EPC work from buyer.


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