Item No. 1: Approval to sell or otherwise dispose of substantial undertaking of the Company pursuant to Section 180(1)(a) of the Companies Act, 2013 (Special Resolution)
Asset Description: Non-Factory Vacant Land situated in various S.F No's at Karamadai, Coimbatore District, Tamil Nadu
Land Area: 19.35 Acres
Transaction Basis: "as is where is" basis to any prospective buyer(s)
Consideration: Not less than the market price
Purpose: Part of restructuring scheme with bankers to reduce debts and working capital requirements
Use of Proceeds: To pay off company's long/short-term debts and meet other business requirements
Voting Arrangements
Cut-off Date: June 5, 2026 (Register of Members/Beneficial Owners date)
E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
Voting Platform: https://www.evotingindia.com
Voting Period: June 10, 2026 (9:00 AM IST) to July 9, 2026 (5:00 PM IST)
Scrutinizer: Sri. M. D. Selvaraj, FCS, Managing Partner of MDS & Associates LLP, Company Secretaries, Coimbatore
Result Declaration: Within two working days from conclusion of e-voting
Result Publication: Company website (www.kgdenim.com), CDSL website, and communication to BSE Limited
Special Voting Requirements
Requires special resolution approval
Public shareholder votes in favor must exceed votes against as per Regulation 37A proviso
Resolution deemed passed on July 9, 2026 if approved
Additional Information
Registrar & Share Transfer Agent: Cameo Corporate Services Ltd
Company contacted potential buyers (not related parties) and negotiating terms
None of Directors and Key Managerial Personnel or their relatives are financially interested except shareholding
Notice available on company website, BSE website, and CDSL website
Email registration required for shareholders not registered with company/RTA/depositories
