Board approves sale of undertaking for about 17 Crore, seeks shareholder nod
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Shree Ram Proteins board on August 10, 2026 approved the sale or transfer of the whole or substantially the whole of the company's undertaking for an aggregate consideration of about 17 Crore. The decision is subject to shareholder approval through a special resolution via postal ballot and receipt of statutory and regulatory approvals. The board also approved the postal ballot notice and appointed Ms. Payal Dhamecha as scrutinizer for the remote e-voting process.
A major asset sale could fundamentally reshape the company's business. Outcome depends on the postal ballot vote by shareholders.