Krishna Capital & Securities Limited announced that its Board of Directors has approved the sale of a vacant office property in Ahmedabad. The decision was taken during a board meeting held on February 27, 2026, from 04:00 PM to 05:00 PM, as part of the company's asset optimization strategy.

Property Details and Valuation

The property being sold is located at 604 D, Sahjanand Shopping Centre, Shahibaug Road, Shahibaug, Ahmedabad. According to the company's disclosure, this vacant office space has been approved for sale within an upper limit set by the board.

Transaction Framework

The sale transaction is structured with specific conditions and timelines to ensure regulatory compliance. The board has established clear parameters for the disposal of this immovable property.

Regulatory Compliance

The company has made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction does not fall under the purview of Regulation 37A of LODR Regulations, as it does not constitute an undertaking or substantially the whole of the undertaking under section 180(1)(a) of the Companies Act, 2013.

The sale is not part of any Scheme of Arrangement and is being conducted as a standalone property disposal transaction. The company emphasized that since the property was vacant and not contributing to operational activities, the sale is not expected to have any material impact on the company's operations or financial position.

Timeline and Completion

The transaction timeline provides flexibility for both parties involved in the sale process. The expected completion date has been set for on or before June 30, 2026, with provisions for mutual extension if required by the parties involved in the transaction.

Krishna capital & securities Limited has announced a board meeting scheduled for February 12, 2026, to review and approve its quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and financial reporting obligations.

Board Meeting Details

The company's Board of Directors will convene on Thursday, February 12, 2026, at 4:00 PM to deliberate on crucial financial matters. The primary agenda focuses on the consideration and approval of both standalone and consolidated unaudited financial results.

Regulatory Compliance

The meeting notice was formally communicated to BSE Limited on January 27, 2026, demonstrating the company's adherence to regulatory timelines. Krishna Capital & Securities Limited has fulfilled its obligations under multiple SEBI regulations, ensuring transparency and proper disclosure to stakeholders.

The notification covers compliance with Regulations 29(1), 30, and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015. These regulations mandate timely intimation of board meetings and financial result considerations.

Corporate Governance

Managing Director Ashokkumar Agrawal, holding DIN 00944735, signed the official communication to the stock exchange. The formal notification process reflects the company's commitment to maintaining proper corporate governance standards and regulatory compliance.

The meeting will address the financial performance for the quarter ended December 31, 2025, providing stakeholders with insights into the company's operational and financial standing during the third quarter of fiscal year 2026.