Postal Ballot Notice for Sale of 90.62% Stake in Fusionnet Web

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SARTELE · price

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

-10.5%Reaction day

₹95.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-2.8%-7.8% vs market

On the reaction day the stock moved 7.8 pts less than Nifty Microcap 250, 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

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-10.5-2.8-7.8

Next day

-5.5-2.5-3.0

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-10.6-1.5-9.1

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-16.3-2.4-13.9

-12.1-3.4-8.7

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

SAR Televenture is seeking shareholder approval through postal ballot to sell 1,28,09,761 equity shares (90.62% stake) of its subsidiary Fusionnet Web Services Limited to Tikona Communication Limited. E-voting runs from October 7 to November 5, 2026. The sale requires a Special Resolution. Cut-off date for voting eligibility is October 2, 2026.

Likely market impact

Shareholders must vote on a major divestment. Approval will allow SAR Televenture to sell its subsidiary stake to Tikona Communication.