Board approves slump sale with J and M Enterprises for shareholder vote

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NAVKARURB · price

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Price reactionminutes from the announcement price · days from the prior close

+4.8%Reaction day

₹0.83

prior close

₹0.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.0% vs market

Civil Construction peers, median of 99sector-0.2%+5.0% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 5.0 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

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15m

-2.4

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.8-0.1+5.0-0.2+5.0

Next day

+9.6+0.3+9.4-0.1+9.7

+13.3+1.6+11.7+0.5+12.7

+10.8+0.1+10.8-1.1+11.9

+8.4+0.3+8.1-1.1+9.6

+9.6-1.2+10.9-2.5+12.2

+4.8-0.5+5.3-3.3+8.1

15d

+2.4-2.2+4.6-3.4+5.8

+1.2-6.6+7.8-7.7+8.9

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Navkar Urbanstructure's board approved putting up a Business Transfer Agreement (slump sale) with unrelated third-party firm M/s J and M Enterprises for shareholder approval at the upcoming AGM. An addendum to the 34th AGM notice will be issued to include this as a special resolution under Section 180(1)(a) of the Companies Act, 2013.

Likely market impact

A slump sale to an unrelated third party is being sent for shareholder vote. Final outcome depends on AGM approval.