Announced Fri, 10 Jul · 16:45 IST
KG Denim postal ballot approves sale of 19.35 acre land with 99.93 percent support
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹15.16
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.1+2.4+1.9-1.2-4.4-1.1————
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AI summary
K G Denim Limited shareholders approved a special resolution to sell 19.35 acres of non-factory vacant land at Karamadai, Coimbatore through postal ballot. Of 75 votes cast, 99.93 percent (1.43 crore shares) voted in favour and 0.07 percent against. Public shareholders also voted in favour at 97.34 percent. Result declared on July 9, 2026.
Likely market impact
Shareholders have cleared the sale of 19.35 acres of vacant land at Karamadai. The company can now proceed with the disposal.