Announced Tue, 23 Jun · 11:15 IST
Postal Ballot: Sale of Mumbai flat to promoter for Rs 4.78 cr
Strategic Transactions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹54.97
prior close
₹56.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+1.8+1.8-0.9+1.9+1.5-0.5-3.6-3.6-4.8-1.9-7.9——
Up moveDown movePending
AI summary
Aimco Pesticides is seeking shareholder approval via postal ballot to sell a flat in Juhu, Mumbai (Vibhuti Apartment) to promoter Tarlika Pradip Dave for Rs 4.77 crores. Price is based on a registered valuers report and the deal is at arms length. The transaction represents 3.10 percent of annual consolidated turnover. Proceeds will support working capital and operational needs. E-voting runs from June 24 to July 23, 2026.
Likely market impact
Property sale to a promoter may raise governance questions; proceeds are aimed at easing liquidity and meeting vendor and employee payments.