Softrak Venture Investment Proposes Sale Of Rs11.58 Crore Gujarat Land Asset

Board approved sale of barren Gujarat land (Rs11.6 Cr block, ~99.75% of PPE) to yet-unidentified third party at arm's length via valuer; to seek special approval at 25 Sep AGM as Item 4 via addendum. First move to sell the asset dominating fixed assets and linked to stated cluster development role; adds new special business to 25 Sep AGM agenda beyond accounts, dividend and director items. Price, valuation, buyer and use of proceeds undisclosed; requires special resolution; late addendum shortens shareholder review; leaves future operating base and execution risk unresolved.