Pursuant to Regulation 23 and 30 of SEBI (LODR) Regulation, 2015, we hereby inform you that the Audit Committee and Board of Directors of the Company have approved in their meetings held ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gogia Capital Growth Ltd's Audit Committee and Board approved the sale of its property at B-4/51, Basement and Ground Floor, Safdarjung Enclave, New Delhi to Mr. Ankur Gogia, a Director of the company, for Rs. 5.05 crore on 13 January 2026. The price was set based on an independent registered valuer's report dated 10 January 2026 and is being treated as an arm's length transaction. Since the deal value exceeds 10% of the company's annual consolidated turnover, it qualifies as a material related party transaction and requires shareholder approval via a special resolution. Promoters and related parties will abstain from voting on this resolution, and the deal will be executed only after shareholder clearance.
Minor operational impact — the company is monetising a real estate asset held on its books, which will bring in Rs. 5.05 crore of cash but at arm's length pricing, so no value leakage. Shareholders should watch the postal ballot/EGM outcome, as related party votes are excluded, making approval easier but also worth monitoring for governance.