Navkar Urbanstructure Ltd

Unaudited Q1 2026 results

• Unaudited Q1 2026 results for quarter ended 30 June published in Business Standard and Gujarati Hind.

Transaction overview

• The company entered into a Business Transfer Agreement to sell UNIT-1 (Pipe Division) as a slump sale.
• Date of agreement: August 12, 2026; purchaser: J and M Enterprises.
• Aggregate lump-sum consideration: ₹1,00,000 payable at Closing.
• UNIT-1 revenue contribution in FY2025-26 was Nil and net worth ₹9.62 crore.
• Transaction not Related Party; arm's length not applicable; not a related party transaction.
• Expected completion on or before 11 October 2026, subject to conditions precedent.
• Assets and liabilities pertaining to UNIT-1 would transfer; impact on asset base and profitability.
• Regulatory and other approvals and audit committee/board/shareholder approvals required as applicable.
• The buyer is not promoter group; no promoter interests in Purchaser.
• Valuation report from IBBI-registered valuer considered in transaction assessment.

Board outcomes

• Board approved unaudited standalone results for quarter ended 30 June 2026, with Limited Review Report.
• Approval for sale of Undertaking via slump sale on an 'As Is' basis, subject to shareholders' approval.
• Company operates in a single segment; results pertain to that segment.
• Statutory auditors carried out a limited review; no audit opinion expressed.
• Deferred tax liability not calculated due to no depreciation provided in the quarter.
• No investor complaints received in the quarter.
• Board meeting held on Aug 12, 2026, from 03:00 PM to 04:00 PM.

Meeting Details

• Board meeting scheduled for 12 August 2026 at the registered office; time not disclosed.

Key Agenda Items

• Unaudited quarterly financial results for quarter ended 30 June 2026, with Limited Review Report.
• Any other business with Chairman's permission.

Dematerialisation processing

• Securities received for dematerialisation during the reporting period were confirmed to depositories.
• Securities dematerialised are listed on the exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the register within 15 days.

🗓️ Meeting Details

• Independent Directors meeting scheduled for 16 March 2026 at the company's registered office.

📍 Key Agenda Items

• Review performance of Non-Independent Directors and the entire Board.
• Assess Chairman's performance.
• Evaluate quantity, quality, and timeliness of information flow.