Inter-se change in the shareholding of certain promoter group entities on account of Scheme of Amalgamation
As filed · Pasupati Acrylon Limited has informed the Exchange about inter-se change in the shareholding of certain promoter group entities on account of Scheme of Amalgamation
What happened
FactPASUPATI ACRYLON LIMITED has informed that certain promoter group entities, including MVA Finance Private Limited, Inder Overseas Private Limited, and Nityanand Exports and Consultants Company Private Limited, are merging into Arihant Exports Private Limited as part of a Scheme of Amalgamation sanctioned by the National Company Law Tribunal. The filing includes the submission of E-Form No. INC-28 to the Registrar of Companies, New Delhi. This merger is in accordance with…
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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Evidence
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%