Receipt of Certified true copy of the order of Amalgamation of DVS Industries Private Limited, wholly owned…
As filed · MM Forgings Limited has informed the Exchange about the receipt of Certified true copy of the order of Amalgamation of DVS Industries Private Limited, wholly owned subsidiary of the Company with M M F
What happened
FactMM Forgings Limited has informed the Exchange about the receipt of Certified true copy of the order of Amalgamation of DVS Industries Private Limited, wholly owned subsidiary of the Company with M M Forgings Limited and intimation of Effective date of the Amalgamation. Requirements) Regulations, 2015 – Update on Scheme of amalgamation (‘Scheme’): Scheme of amalgamation, the Company has filed the Certified true copy of the Order received.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedIf there are new customer interests, there is, internal accruals to support it. We would go take it up to 200 crores also.
Roughly about INR30 crores to INR50 crores would be up to INR50 crores will be replacement capex.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- We have an order book of around INR300 crores revenue with us, and that is expected to realize around and we e (management committed by FY27)
- We should do something around INR750 crores to INR800 crores in H2 and take the number close to previous year (management committed by H2 FY26)
Evidence
- MM Forgings Limited has informed the Exchange about the receipt of Certified true copy of the order of Amalgamation of DVS Industries Private Limited, wholly owned subsidiary of the Company with M M Forgings Limited and intimation of Effective date of the Amalgamation(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%