Colinz Laboratories Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/01/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
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Colinz Laboratories has called a Board meeting on 17 January 2026 to consider and approve the Sale Agreement for the sale/transfer of its factory premises located at Plot No 60, Sinnar, Nashik. Shareholders have already given their approval for this sale through a special resolution passed via postal ballot on 17 November 2025. The Board will also consider any other matter with the Chair's permission. The meeting has been called at shorter notice due to business urgency, as permitted under Section 173 of the Companies Act, 2013.
Shareholders should note that the company is moving ahead with the previously approved sale of its Nashik factory premises. This signals a possible restructuring or exit from manufacturing operations at that location, which could free up capital but also reduce operational capacity depending on the scale of the asset being sold.