Board approves fresh three-day remote e-voting window for special resolution on UNIT-1 slump sale

Board has approved a fresh three-day remote e-voting window for Special Resolution no. 5 of the Addendum to the 34th AGM Notice.

Thu 1 Oct 2026

Fresh remote e-voting window

October 7, 2026, 09:00 A.M. to October 9, 2026, 05:00 P.M. IST

Cut-off date

September 23, 2026

AGM held

September 30, 2026

Board meeting date

October 1, 2026

Resolution subject

Special Resolution no. 5 - sale of UNIT-1 (Pipe Division) on slump sale basis to M/s J and M Enterprises

Board meeting outcome: what the update says

Navkar Urbanstructure Ltd informed the exchanges that its Board of Directors, at a meeting held on Thursday, October 1, 2026, considered, approved and took on record a significant administrative adjustment regarding the remote e-voting window for Special Resolution no. 5 set out in the Addendum to the 34th AGM Notice.

Why a fresh window was needed

• The company had previously approved and electronically dispatched an Addendum to the 34th AGM Notice on September 18, 2026, introducing Item No. 5 (Special Business) for seeking shareholder approval for the sale and disposal of UNIT-1 (Pipe Division) on a slump sale basis to M/s J and M Enterprises. The Addendum was simultaneously shared with the exchanges.
• Due to technical system integration and setup delays at the end of the Depository, National Securities Depository Limited (NSDL), and the Registrar and Share Transfer Agent (RTA), the electronic voting dashboard for Item No. 5 could not be activated within the original remote e-voting period.
• As a result, shareholders were not able to cast their votes on that specific resolution prior to or during the AGM held on September 30, 2026.

The fresh three-day window

• Commencement of remote e-voting: Wednesday, October 7, 2026, at 09:00 A.M. (IST)
• Conclusion of remote e-voting: Friday, October 9, 2026, at 05:00 P.M. (IST)
• Cut-off date for eligibility: Wednesday, September 23, 2026, in alignment with the original cut-off date
• The resolution is a Special Resolution under Section 180(1)(a) of the Companies Act, 2013

Voting rights and scrutiny

• Voting rights will remain proportional to the paid-up value of equity shares held by the members as on the baseline cut-off date.
• The Scrutinizer previously appointed for the 34th AGM will independently monitor this three-day voting process and submit a supplementary report, which will be integrated with the final corporate voting results and submitted to the exchanges.

Other details recorded in the update

• The Board Meeting commenced at 06:00 P.M. (IST) and concluded at 06:30 P.M. (IST).

In simple terms

This is a procedural update about the voting process for one proposal — the sale and disposal of UNIT-1 (Pipe Division) on a slump sale basis to M/s J and M Enterprises. The re-opened remote e-voting window is specifically for that item, and who can vote is decided by shareholding as on the September 23, 2026 cut-off date.

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