Softrak Venture Investment Limited has closed its trading window effective October 1, 2026. The restriction applies to promoters, directors, and designated persons until 48 hours after the declaration of unaudited financial results for the quarter ended September 30, 2026.

Regulatory compliance and restrictions

The closure is mandated under Clause 4(2) of Schedule B read with Regulation 9 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. It also adheres to SEBI Circular No. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022, and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023. These provisions are read with the company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading in Securities by Designated Persons.

All designated persons, including dependants and immediate relatives as defined in the code, along with connected persons, are prohibited from entering into any transaction involving the company's securities during this period.

Board meeting announcement

The date for the Board Meeting to publish the unaudited financial results for Q2FY27 will be announced in due course. The company filed this intimation with the BSE Limited on September 24, 2026.

Softrak Venture Investments Limited board approved the disposal of a non-operational land asset in Gujarat during its meeting on September 18, 2026. The asset carries a net block value of ₹11,57,93,710 as of March 31, 2026.

The company plans to sell the barren and unutilized land to an independent third-party buyer at arm's length. The transaction price will be determined based on a valuation report from an IBBI Registered Valuer.

Strategic Rationale for Disposal

The Board determined that unlocking capital from this non-operational asset is critical for better utility of corporate funds and structural growth. The land yields zero revenue and incurs ongoing maintenance and tax overheads. Monetizing the property aims to redeploy funds into active, high-yield business investments, optimize capital utility, and maximize shareholder value.

Regulatory Approvals Required

Since the net value of the land exceeds statutory thresholds under Section 180(1)(a) of the Companies Act, 2013, the disposal requires shareholder authorization. The board approved seeking approval via a Special Resolution at the upcoming Annual General Meeting (AGM).

The company confirmed that the transaction will not involve any related parties. None of the Directors, Key Managerial Personnel (KMP), or their relatives have a financial interest in the proposed resolution.

AGM Addendum Dispatched

The original notice for the 33rd AGM, scheduled for September 25, 2026, was dispatched on August 31, 2026. Consequently, the board approved an addendum to include the asset disposal proposal as Item No. 4 under Special Business.

The addendum has been electronically sent to all registered members and the e-voting administrator, CDSL. The AGM is scheduled to commence at 2:00 pm and conclude at 2:30 pm IST.

What the Numbers Show

The land asset represents approximately 99.75% of the company's total Property, Plant, and Equipment (PPE) footprint as of March 31, 2026. This indicates a highly concentrated fixed-asset base, where the disposal of this single parcel will significantly alter the company's balance sheet composition regarding tangible assets.