AGM/EGM18 Sept 2026, 04:50 pm
Navkar Urbanstructure Ltd: Addendum to AGM Notice for Slump Sale Approval
AI Summary
Navkar Urbanstructure Ltd has issued an addendum to its 34th Annual General Meeting (AGM) notice. This addendum seeks shareholder approval for a Business Transfer Agreement (Slump Sale) with M/s ] and M Enterprises, an unrelated third-party partnership firm. The special resolution for this slump sale, as per Section 180(1)(a) of the Companies Act, 2013, will be presented at the upcoming AGM. The board meeting where this was decided was held on September 18, 2026, following a prior board meeting on August 12, 2026.
Key Highlights
- Addendum to 34th AGM notice issued.
- Seeks shareholder approval for a slump sale.
- Transaction is with unrelated third-party M/s ] and M Enterprises.
- Special resolution required under Companies Act, 2013.
- Board approved putting the transaction for shareholder approval.
Price Impact
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