Themis Medicare LimitedTHEMISMEDNSE
Merger announced
As filed · Outcome of Board Meeting
M&AWatchMajormateriality 76 out of 100
What happened
Factannouncement, has decided not to proceed with the proposed amalgamation. and has accordingly approved the withdrawal of the Scheme of Amalgamation. has also resolved to withdraw the said Scheme of Amalgamation.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%