Holmarc Opto-Mechatronics Limited has received government approval for transfer of an industrial land parcel in Kerala. The company informed the National Stock Exchange of India on September 11, 2026 about the sanction order received from the District Industries Centre, Ernakulam.
The sanction order bearing reference number DICEKM/1907/2020-B2 is dated September 10, 2026 and was issued by the General Manager of the District Industries Centre, Ernakulam, permitting transfer of the plot at Development Area, Edayar, Kadungalloor Village, Paravur Taluk.
Government Approval for Industrial Land Transfer
Sanction Order from District Industries Centre
Holmarc Opto-Mechatronics Limited received formal sanction from the General Manager of the District Industries Centre, Ernakulam. The order, reference number DICEKM/1907/2020-B2, dated September 10, 2026, gives permission for transferring a plot of land in the Development Area at Edayar, Kadungalloor Village, Paravur Taluk.
Property Details
The land measures 1 Acre and 1 Cent, which equals approximately 40.88 Ares or 101 Cents. The plot includes all existing buildings, structures, and industrial assets located on the site. The land was previously allotted to M/s. Kochi Castings and Manufacturing Private Limited.
Background of the Edayar Property
Previous Allottee and Transfer Process
The site was originally allotted for foundry and casting operations. Over the years, the property underwent administrative processes including partial land resumptions and constitutional changes before being assigned to Kochi Castings and Manufacturing Private Limited. The former owners faced sustained operational issues, following which the District Industrial Land Assignment Committee evaluated and approved the transfer to Holmarc.
DILAC Meeting and Approval
The transfer proposal was examined at the District Industrial Land Assignment Committee (DILAC) meeting held on July 24, 2026. After confirming that all statutory requirements and processing fees were met, the committee recommended transfer of the plot to Holmarc Opto-Mechatronics Limited.
Conditions Attached to the Sanction
The sanction order carries mandatory conditions that Holmarc must comply with:
- Production Timeline: Commercial production must commence within three months if continuing the same line of activity, or within six months if starting manufacture of new industrial products.
- Agreement Signing: The company must execute the official Hire Purchase Agreement within 15 days from the date of the sanction order.
- Restriction Period: Further transfer of land, changes in company constitution, or activity modifications are regulated for specified mandatory time periods.
- Governing Rules: The transfer is governed by the Government Land (Allotment and Assignment for Industrial Purposes) Rules, 2023.
Key Details At A Glance
| Detail | Information |
|---|---|
| Company | Holmarc Opto-Mechatronics Limited |
| Filing Date to NSE | September 11, 2026 |
| Sanction Order Reference | DICEKM/1907/2020-B2 |
| Sanction Order Date | September 10, 2026 |
| Issuing Authority | General Manager, District Industries Centre, Ernakulam |
| Land Location | Development Area, Edayar, Kadungalloor Village, Paravur Taluk |
| Land Area | 1 Acre and 1 Cent (approx. 40.88 Ares / 101 Cents) |
| Includes | All existing buildings, structures and industrial assets on site |
| Previous Allottee | M/s. Kochi Castings and Manufacturing Private Limited |
| DILAC Meeting Date | July 24, 2026 |
| Hire Purchase Agreement | To be executed within 15 days of sanction order |
| Governing Rules | Government Land (Allotment and Assignment for Industrial Purposes) Rules, 2023 |
Conclusion
Holmarc Opto-Mechatronics Limited has received sanction order DICEKM/1907/2020-B2 dated September 10, 2026 from the General Manager of District Industries Centre, Ernakulam, for transfer of a 1 Acre 1 Cent industrial plot at Edayar, Kadungalloor Village, Paravur Taluk. The plot includes all existing buildings and assets and was previously with Kochi Castings and Manufacturing Private Limited. The DILAC had approved the transfer at its meeting on July 24, 2026. Holmarc must execute the Hire Purchase Agreement within 15 days and commence production within three to six months as per the conditions of the sanction.