Voting Results: Shareholders Approve Land Asset Sale

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

-1.9%Reaction day

₹1.55

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.1% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.1%-2.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-1.9+0.2-2.1+0.1-2.1

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+0.0+0.9-0.9+0.3-0.3

-0.6-0.8+0.1+0.3-0.9

+1.3-0.1+1.4+0.1+1.2

+3.2-1.7+5.0+0.0+3.2

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+1.3-7.5+8.8-3.8+5.1

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Shareholders of Softrak Venture Investment Ltd approved a special resolution authorizing the sale and disposal of the company's non-operational barren land in Gujarat under Section 180(1)(a) of the Companies Act, 2013. The resolution passed with 99.9989% votes in favor (15,10,06,281 shares) against just 1,635 shares. Due to NSDL technical issues, a remedial e-voting window was held October 7 to 9, 2026.

Likely market impact

Shareholders authorized the company to sell its barren land in Gujarat. Actual sale will depend on the board finding a buyer at suitable pricing.