Ultramarine & Pigments receives compensation for land acquisition by NHAI

Ultramarine & Pigments Ltd. informed the stock exchange on November 27, 2025, about the partial acquisition of its factory land in Ranipet, Tamil Nadu, by the National Highways Authority of India (NHAI). The acquisition involves 10,696 square meters of land for a national highway project.

The company received INR 6,01,18,526 in compensation from NHAI for the acquired land, with the payment made on November 26, 2025. This transaction is not expected to have a material impact on the overall operations or business of the company.

NHAI, the acquirer, is not related to Ultramarine & Pigments' promoter or promoter group, and the transaction is not a related party transaction. The company confirmed compliance with relevant SEBI regulations.