Envair Electrodyne Ltd has shut its trading window for designated persons and their immediate relatives, effective from July 1, 2026. The restriction will remain in place until 48 hours after the company declares its unaudited financial results for the quarter ended June 30, 2026. This measure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal code of conduct for the prevention of insider trading.

The closure prohibits trading in the company's securities by designated personnel during this period to ensure confidentiality and prevent potential misuse of unpublished price-sensitive information. The specific date for the board meeting, where the unaudited financial results for Q1FY27 will be considered and approved, has not yet been announced and will be communicated in due course.

Designated persons and their immediate relatives have been advised strictly against trading in the company's shares during the window closure. The intimation was submitted to the stock exchanges on June 23, 2026, by Avneet Kaur, Company Secretary & Compliance Officer.

Envair Electrodyne Limited has disclosed the publication of its postal ballot notice in English and Marathi newspapers on June 3, 2026, under Regulation 30 of the SEBI Listing Regulations. The notice seeks shareholder approval to sell its entire 19.33% equity stake in Alliance Asia Pac Pte. Ltd., Singapore, to promoters for an aggregate consideration of ₹2.12 crore. The remote e-voting period is scheduled from 10:00 a.m. on June 4, 2026, to 5:00 p.m. on July 3, 2026. The transaction involves the sale of 1,43,750 equity shares at a price of $1.55 per share to Mr. Harish Kumar Agarwal and Mr. Anil Nagpal. The disposal is intended to optimize the company's investment portfolio, unlock value, and strengthen liquidity to focus on core business operations.

The Board of Directors approved the proposal on May 28, 2026, based on a valuation report received from S.M. Bhat & Associates. The investee company, Alliance Asia Pac Pte. Ltd., owns a soap manufacturing plant in Indonesia through its subsidiary PT Alliance Consumer Products Indonesia, which counts Unilever PLC as a major customer. For the financial year ended March 31, 2026, Envair Electrodyne reported a net profit of ₹10.75 lakh, returning to profitability from a net loss of ₹46.53 lakh in the previous year.

Transaction Details

The sale of the overseas investment requires shareholder consent via a special resolution pursuant to Section 180(1)(a) of the Companies Act, 2013. The consideration of ₹2.12 crore will be paid by the promoters in equal proportion through cash mode, subject to FEMA regulations and other applicable laws. The company expects to complete the transaction after the postal ballot process concludes on July 3, 2026.

E-Voting Schedule

The postal ballot notice is being sent electronically to members whose e-mail addresses are registered with the company or depositories as on the cut-off date of May 29, 2026. Mr. Rajeev Kumar Sanger, Proprietor of M/s. Sanger & Associates, Company Secretaries, has been appointed as the scrutinizer to conduct the e-voting process. The results will be declared on the company's website and communicated to the stock exchanges post-scrutiny.