Navkar Urbanstructure Limited , a prominent player in the urban infrastructure sector, has announced a significant move to bolster its financial position. The company has issued a postal ballot notice to seek shareholder approval for increasing its authorized share capital by Rs 50 crore, from the current Rs 113 crore to Rs 163 crore.

Key Details of the Proposal

The proposed increase would be achieved by creating an additional 50 crore equity shares with a face value of Re 1 each. This move is aimed at meeting the company's funding requirements and facilitating future business needs.

Voting Process and Timeline

Shareholders will have the opportunity to cast their votes through an e-voting process. The key dates for this process are as follows:

• E-voting Period: October 18, 2025 (9:00 AM) to November 17, 2025 (5:00 PM)
• Cut-off Date for Voting Eligibility: October 10, 2025
• Results Declaration: By November 19, 2025

Mrs. Rupal Patel, a practicing Company Secretary, has been appointed as the scrutinizer to oversee the postal ballot process.

Additional Resolutions

Along with the capital increase, the company is also seeking approval for:

1. Amending the Memorandum of Association to reflect the new authorized share capital.
2. Adopting a new set of Memorandum of Association in line with the Companies Act, 2013.

Management's Perspective

The management of Navkar Urbanstructure Limited views this capital increase as a strategic move to strengthen the company's financial position. By expanding its authorized share capital, the company aims to create a more robust foundation for future growth and potential business opportunities.

Shareholders are encouraged to review the detailed postal ballot notice and cast their votes before the deadline. The outcome of this vote could have significant implications for the company's future financial strategies and growth plans.

As the urban infrastructure sector continues to evolve, Navkar Urbanstructure's proactive approach in aligning its capital structure with future needs demonstrates its commitment to long-term value creation for shareholders.

Navkar Urbanstructure Limited , a prominent player in the Indian real estate sector, has announced significant corporate actions that could potentially reshape its capital structure and fundraising strategy.

Authorized Share Capital Increase

The Board of Directors of Navkar Urbanstructure Limited has approved a substantial increase in the company's authorized share capital. The key details of this decision are as follows:

Note: All figures in crores, except Face Value per Share which is in Rupees.

This expansion in authorized share capital provides the company with increased flexibility for potential future equity issuances or corporate actions.

Rights Issue Re-evaluation

In a related development, the board has decided to re-evaluate its proposal for fundraising through a rights issue of equity shares. This decision follows an earlier intimation and is in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Change in Shareholder Approval Process

The company has made a strategic shift in its approach to seeking shareholder approval:

• Previous Plan: Extraordinary General Meeting
• New Approach: Postal Ballot with E-voting

This change allows for a more inclusive and convenient voting process for the company's shareholders.

Implications and Outlook

These corporate actions suggest that Navkar Urbanstructure is positioning itself for potential growth or strategic initiatives. The increase in authorized share capital, coupled with the re-evaluation of the rights issue, indicates that the company may be exploring various avenues for capital raising or restructuring.

Investors and market watchers will be keenly observing the outcomes of the postal ballot and any further announcements regarding the potential rights issue. These developments could have significant implications for the company's financial structure and future growth strategies in the dynamic Indian real estate market.

Stakeholders are advised to closely monitor official communications from the company and regulatory filings for the most up-to-date and accurate information.