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Mahaalaxmi Texpro Limited has announced a board meeting on February 25, 2025, to discuss an Extraordinary General Meeting (EGM) via video conferencing. Key agenda items include seeking shareholder approval for the sale of spinning machinery valued at INR 7.35 crore to Samosaran Yarns Pvt Ltd and a fabric business transfer to Girnar Spintex Industries Ltd for INR 24.75 crore. Both transactions aim to reduce the company's debt, with the management highlighting challenging market conditions necessitating these sales. This strategic divestment may enhance financial stability, potentially fostering a positive outlook for investors.