Jetking Infotrain sold eight immovable property units in Laxmi Nagar, Delhi, for ₹4.16 crore on October 16, 2026. The company simultaneously executed lease deeds to retain operational access to the premises.

The transaction involves Office Nos. 601 through 608 located on the sixth floor of Pragati Deep, Plot No. 8, Laxmi Nagar, Delhi. The sale was completed immediately upon execution of the deed. The buyers include individual investors and a Hindu Undivided Family (HUF), none of whom belong to the promoter group or are related parties.

Transaction structure and lease terms

To ensure continuity of business operations, Jetking Infotrain entered into lease deeds for the same premises on the date of sale. The lease term is fixed at five years, running from October 16, 2026, to October 15, 2031. This period is renewable for a further five years based on terms mutually agreed upon by the parties.

The company stated that the sale does not constitute a disposal of an undertaking or substantially the whole of its undertaking. Consequently, the transaction does not attract the provisions of Regulation 37A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key transaction details

The consideration received amounts to ₹4,16,33,000. The disclosure was made under Regulation 30 of the SEBI Listing Regulations, citing materiality criteria under Regulation 30(4)(i)(c). The information is also available on the company's investor relations website.

What the numbers show

The simultaneous execution of a sale deed and lease deeds indicates a sale-and-leaseback strategy. By converting owned real estate into cash while retaining usage rights, the company likely aims to improve liquidity without disrupting physical operations. The lease term matches the standard commercial duration, providing operational stability for the next half-decade.

Jetking Infotrain held its 42nd Annual General Meeting on September 29, 2026 via Video Conferencing/Other Audio-Visual Means, with 22 members attending remotely.

The meeting commenced at 11:30 am and concluded at 12:14 pm. Avinash Bharwani, Chairman and Whole-Time Director, chaired the proceedings. All directors attended through VC from their respective locations, except Avinash Bharwani and Siddarth Bharwani, who were present from the company's registered office. Company Secretary and Compliance Officer Anita Jaiswal welcomed participants and briefed members on participation procedures via audio-visual means.

AGM notice and corrigendum

The meeting followed a corrigendum issued on September 25, 2026, to the original AGM notice dispatched on September 4, 2026. The corrigendum was necessitated by the resignation of Nand Bharwani, Vice Chairman and Non-executive Non-Independent Director, citing age, health considerations, and personal reasons. Item No. 2 of the Ordinary Business was accordingly modified to reflect the change in board composition and re-appointment procedures. All other contents of the original notice remained unchanged.

Resolutions tabled

Three ordinary resolutions were placed before members for consideration and approval, as set out in the AGM notice and the corrigendum dated September 25, 2026.

None of the shareholders who had registered as speakers joined the meeting or were present during the proceedings, and accordingly no questions or clarifications were sought.

Director re-appointment details

The amended AGM notice provided additional information on Avinash Bharwani under Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. He holds a Bachelor of Commerce from the University of Mumbai and has over 23 years of experience in the education and vocational training sector. He also serves as a director in Jetking Technologies Private Limited and Jetking Lightning Private Limited.

E-voting and scrutiny process

Remote e-voting on the NSDL platform commenced on September 26, 2026 at 9:00 am and concluded on September 28, 2026 at 5:00 pm. An additional 15-minute e-voting window was made available from the conclusion of the AGM proceedings. Mihen Halani, Practicing Company Secretary, was appointed as scrutinizer to consolidate votes cast through remote e-voting and the in-meeting electronic voting. The results, along with the consolidated scrutinizer's report, were to be declared within two working days from the conclusion of the AGM and communicated to the stock exchanges and uploaded on the company's website and the NSDL website.

Compliance and disclosure

The proceedings were conducted in accordance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The disclosure was made under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Secretarial Standard-2 on General Meetings. Company documents including the Memorandum of Association, Articles of Association, and relevant statutory registers were made available electronically for member inspection during the AGM.