Shareholders approve Pipe Unit disposal via slump sale

Board & Shareholder Meetings View source PDF Explain this filing

NAVKARURB · price

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

-2.3%Reaction day

₹0.87

prior close

₹0.86

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.5% vs market

Civil Construction peers, median of 97sector+0.1%-2.4% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.4 pts less 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

-2.3

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+0.2-2.5+0.1-2.4

Next day

+0.0+0.9-0.9+0.7-0.7

-1.1-0.8-0.4+0.1-1.3

-1.1-0.1-1.1+0.0-1.1

-4.6-1.7-2.9-1.1-3.4

-3.4-4.3+0.9-4.2+0.8

-9.2-7.5-1.7-7.4-1.8

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

Navkar Urbanstructure shareholders passed a special resolution to dispose of Pipe Unit (Unit-1) via slump sale as a going concern. Voting results: 11.56 crore shares (99.99%) in favor, only 40 shares against. A remedial e-voting window (Oct 7-9) was held after NSDL technical delays disrupted the original voting. Promoters voted 100% in favor. The 34th AGM was held on Sep 30, 2026.

Likely market impact

Pipe Unit disposal cleared; unlocks value from non-core asset, cash inflow expected from slump sale.