Uniroyal Marine Exports Ltd — Others, 09-07-2025: AGM/EGM

Uniroyal Marine Exports Limited has announced an Extra-ordinary General Meeting to seek shareholder approval for the sale of approximately 180 cents of land and building at Vengalam, Calicut. Facing liquidity constraints and outstanding liabilities, the company plans this sale to strengthen working capital and restructure finances. The property’s fair market value is around ₹18.92 Cr, based on an independent valuation. Post-sale, the company may lease back the premises to continue operations without disruption. The transaction will be conducted transparently through an open public tender process to ensure best value for shareholders.