AGM/EGM12 Oct 2026, 06:50 pm
Navkar Urbanstructure Ltd: AGM Special Resolution Passed for Asset Disposal
AI Summary
Navkar Urbanstructure Ltd announced the voting results for a special resolution (Item No. 5) pertaining to an addendum to their 34th Annual General Meeting (AGM). The resolution, for the approval of the disposal of the Pipe Unit (UNIT-1) via slump sale as a going concern, was passed by shareholders. Due to technical delays at the Depository's end, a remedial remote e-voting window was provided from October 7-9, 2026. The company confirmed the disposal of its non-operational barren land asset in Gujarat.
Key Highlights
- Special resolution passed for disposal of Pipe Unit (UNIT-1) via slump sale.
- Remedial e-voting window provided due to technical delays.
- Resolution concerns the disposal of a non-operational barren land asset.
- Shareholders approved the disposal with the requisite majority.
Price Impact
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