Motor‍‌‍‍‌‍‌‍‍‌ & General Finance Share Price Rise Over 19% Following Board Approval of ₹183 Crores Property Sale

New Delhi, 28 November 2025: The share price of Motor & General Finance Limited surged over 19% after the company announced that its Board had approved the sale of a prime New Delhi property. The decision to monetise its land and building at A-30, Mohan Co-operative Industrial Estate, Mathura Road, sparked strong investor interest, driving the sharp rally in the stock.

Motor & General Finance Limited, incorporated in 1930 and headquartered in New Delhi, is a long-standing player in the diversified commercial services sector and trades on both the NSE and BSE. The company continues to streamline operations by divesting non-core assets and optimising its portfolio as part of its broader strategy to achieve sustainable long-term growth and enhance operational efficiency.

Board Approves Transaction with High-Value

At its meeting held on November 27, the Board gave its approval for signing an Agreement to Sell with Haldiram Marketing Private Limited. The transaction involves the sale of the company’s New Delhi property for an estimated ₹183 crore, excluding stamp duty. The agreement was executed the same day, with the deal expected to close on or before April 30, 2026.

The company clarified that the buyer does not fall under the related-party category and that the sale does not qualify as a slump sale under applicable regulations. The meeting—held between 3:00 pm and 3:40 pm, concluded with all statutory disclosures duly recorded.

Market Sentiment and Stock Price

By 11:48 am IST, the stock was trading at ₹28.89, up 19.98% from the previous close, reflecting immediate market approval of the move. The volume-weighted average price stood at ₹26.11, with the day’s low recorded at ₹25.10. Over the past 52 weeks, the shares have traded between ₹35.80 and ₹23.51. The sharp uptick highlights strong investor confidence in the company’s decision to unlock value by divesting a key asset, thereby strengthening its liquidity and financial flexibility.

REF: https://nsearchives.nseindia.com/corporate/MOTOGENFIN_27112025154146_OUTCOME_27112025.pdf

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