Gujarat Poly Electronics Ltd — Others, 08-08-2025: AGM/EGM

Gujarat Poly Electronics has announced an Extra Ordinary General Meeting on September 1, 2025, to seek shareholder approval for two key proposals. First, the company plans to sell its underutilized land and factory building in Gandhinagar for **INR 29 Crore** to Tirex Transmission Private Limited. This move aims to unlock value, reduce costs, and generate profit. The proceeds will fund strategic objectives like debt repayment and new investments. Second, the company proposes to increase its investment and loan limit from **INR 35 Crore to INR 60 Crore**, allowing for greater flexibility in deploying capital across various asset classes, including those from the property sale. The board views these steps as beneficial for the company's future growth.