Outcome of Board Meeting held on 31st December, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arcee Industries' Board of Directors, at a meeting held on December 31, 2025, approved the sale, transfer, or disposal of the company's immovable property — specifically the Land, Shed and Building located at 7th K.M., Barwala Road, Talwandi Rana, Hisar, Haryana, which serves as the company's Registered Office. The decision is subject to shareholder approval, for which the company will conduct a Postal Ballot. A Chartered Accountant, Mr. Anil Kumar Jain, has been appointed as Scrutinizer to oversee the Postal Ballot process. The Board meeting ran from 12:30 P.M. to 1:30 P.M.
For shareholders, this means they will soon receive a Postal Ballot to vote on the proposed sale of the company's registered office property. The outcome could unlock cash for the company but raises questions about future operations or relocation plans, and may be viewed as a notable asset-monetization event pending details on sale price and intended use of proceeds.