STOCKWATCH
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Seafood
Business Update2 Jul 2025, 03:54 pm

Uniroyal Marine Exports Ltd. to Sell and Leaseback Land and Building through Open Bid

AI Summary

Uniroyal Marine Exports Ltd. has announced its intention to sell and leaseback its land and building through an open bid under Section 180(1)(a) of the Companies Act, 2013. This decision was made at a Board of Directors meeting held on 2nd July 2025. The Extraordinary General Meeting (EGM) of the shareholders is scheduled for 31st July 2025 to seek approval for this transaction. The detailed notice of the EGM will be submitted in due course.

Key Highlights

  • Uniroyal Marine Exports Ltd. to sell and leaseback land and building
  • Transaction to be conducted through an open bid under Section 180(1)(a) of the Companies Act, 2013
  • Board of Directors approved the decision on 2nd July 2025
  • Extraordinary General Meeting (EGM) of the shareholders scheduled for 31st July 2025
  • Detailed notice of the EGM to be submitted in due course
UNRYLMA
Seafood
UNIROYAL MARINE EXPORTS LTD.

Price Impact