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Pankaj Polymers LtdOthers, 30-06-2025: AGM/EGM

30-06-2025 | 06:53 pm

Pankaj Polymers Limited has announced a postal ballot to seek shareholder approval for two related-party transactions. The company plans to sell its office premises in Secunderabad, measuring 4,564 sq ft, to Pankaj Polytec Private Limited for no less than Rs. 2.75 Crores. Additionally, it proposes to sell its share in a residential building under construction in Medchal District, comprising five flats (approx. 6,000 sq ft), to Pankaj Realtors and Developers for at least Rs. 1.50 Crores. These sales aim to optimize asset utilization and generate funds for business operations. Promoter shareholders will abstain from voting on these resolutions.

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