Announced Mon, 10 Aug, 2026 · 15:25 IST
Board approves sale of undertaking for about Rs 17 Cr, postal ballot next
SRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Shree Ram Proteins board, at its August 10, 2026 meeting, approved the sale or transfer of the whole or substantially whole of the company's undertaking for about Rs 17 crore. The move is subject to shareholder approval through a special resolution via postal ballot and statutory clearances. The board also approved the postal ballot notice and appointed Ms Payal Dhamecha as scrutinizer for the e-voting process.
Likely market impact
Major asset sale pending shareholder approval; deal size of Rs 17 Cr may be significant relative to company size. Watch postal ballot outcome.