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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Patel Engineering Ltd-$

Patel Engineering Q4 FY26 Results and Proposed Stake Sale in ACP Tollways

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 14 May 2026, 02:51 PM IST  ·  BSE ID: eda4b172-5959-428b-b8b6-9c4a71941d6d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released its full-year financial results and decided to sell its ownership in an associate company for Rs 55 crore.
🤖 AI Summary
  • Patel Engineering Board approved Audited Standalone and Consolidated Financial Results for FY26.
  • Approved sale of entire stake in associate company ACP Tollways Pvt Ltd.
  • Sale involves 84,95,040 equity shares of face value Rs. 100.
  • Agreed consideration for the stake sale is Rs 55 crore.
  • Transaction completion is anticipated before March 31, 2027, pending lender approvals.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net worth contributed by ACP Tollways (March 31, 2025)
Rs. 38.76 crore
Percentage of consolidated net worth contributed by ACP Tollways (March 31, 2025)
1.02%
Profit contributed by ACP Tollways (March 31, 2025)
Rs. 18.84 crore
Percentage of consolidated net profit contributed by ACP Tollways (March 31, 2025)
7.78%
Carrying value of investment in ACP Tollways (March 31, 2026)
Rs. 26.03 crore
Agreed consideration for stake sale in ACP Tollways
Rs 55 crore
Equity shares to be sold in ACP Tollways
84,95,040 equity shares
🏢 How This Affects the Company
📈
Business Impact
The divestment of ACP Tollways Pvt Ltd, which contributed nil to turnover in FY25, signals a portfolio realignment. This exit from an associate company will reduce its footprint in the tollways sector.
💰
Financial Impact
The agreed consideration of Rs 55 crore from the sale will contribute to the company's cash reserves. This transaction removes an investment with a carrying value of Rs. 26.03 crore as on March 31, 2026, from the consolidated financials, realizing a gain from sale.
⚠️
Risk Impact
The proposed transaction is subject to receipt of necessary approvals from lenders of ACP Tollways Pvt Ltd, introducing a condition precedent for completion.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders.
👤
Who Is Affected
Shareholders are affected by the company's financial results and the strategic decision to divest an associate, which will alter future consolidated financials.
🔍
Management Signal
Management intends to streamline its asset portfolio and potentially strengthen cash position through the divestment of an associate company.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Filing on receipt of lender approvals for ACP Tollways sale.
Filing confirming completion of the ACP Tollways stake sale.
Updates on the utilization of the Rs 55 crore consideration.
MEDIUM RISK The sale of stake in ACP Tollways is subject to lender approvals, creating a dependency for transaction completion.
💡 Investor Takeaway
Patel Engineering's Board approved FY26 financial results and the sale of its entire stake in ACP Tollways Pvt Ltd for an agreed consideration of Rs 55 crore. This divestment aims to be completed before March 31, 2027, and is contingent on lender approvals for the associate company.
⚖️ Strengths & Concerns

✅ Positives

  • The agreed consideration of Rs 55 crore for the stake sale in ACP Tollways Pvt Ltd exceeds the carrying value of Rs. 26.03 crore.
  • The transaction is not a related party transaction and the buyer does not belong to the promoter/promoter group.

⚠️ Concerns

  • The proposed sale of stake in ACP Tollways Pvt Ltd is subject to lender approvals, introducing uncertainty regarding transaction completion.
  • ACP Tollways Pvt Ltd contributed 1.02% to consolidated net worth and 7.78% to consolidated net profit as on March 31, 2025.
📅 Company Track Record
A previous press release on May 14, 2026, indicated Patel Engineering's Q4 Net Profit was up 117.96% YoY to ₹71.49 Crore, highlighting recent positive earnings growth.

Based on publicly available historical data. For context only.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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