Softrak to seek shareholder nod for ₹11.58 Cr land divestment

Softrak Venture Investment Ltd's Board of Directors has approved a proposal to seek shareholder authorization for the sale and disposal of its non-operational, barren land asset in Gujarat. The asset, valued at ₹11,57,93,710 as of March 31, 2026, represents approximately 99.75% of the company's total Property, Plant, and Equipment. The land contributed no revenue in the last financial year. The company will seek an enabling umbrella resolution via a Special Resolution at the upcoming 33rd AGM on September 25, 2026, to systematically locate a buyer and maximize asset monetization. The sale will be executed at or above fair market value, and the buyer will not be a related party or promoter group entity.