EMA India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2025 ,inter alia, to consider and approve the terms and conditions of the Sale ....
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EMA India Limited has informed BSE that its Board of Directors will meet on Tuesday, 3rd June 2025 at 11:00 AM at its registered office in Kanpur. The main item on the agenda is to finalise the terms and conditions for the sale of the company's land and building located at C-37, Panki Industrial Area, Kanpur, for which shareholders had already given approval through a special resolution on 6th March 2025. The Board will also consider and approve the shifting of the company's registered office. The trading window for insiders has been closed from 30th May 2025 until 48 hours after the results are made public.
For shareholders, this means the company is moving ahead with monetising its Kanpur industrial property, which could bring in significant cash but also means the company will need a new operational base. The registered office shift is a related housekeeping step and not material on its own.