Asian Granito India LimitedASIANTILESNSE
Scheme of Arrangement - Intimation with respect to Effective Date
As filed · Asian Granito India Limited has informed the Exchange about Scheme of Arrangement - Intimation with respect to Effective Date.
M&AWatchNotablemateriality 74 out of 100
What happened
FactAsian Granito India Limited and several associated companies have filed E-Form INC-28 with the Registrar of Companies, Ahmedabad, as part of a Composite Scheme of Arrangement. This follows the receipt of a final order from the Hon'ble National Company Law Tribunal, Ahmedabad Bench, and establishes July 1, 2025, as the effective date for the scheme. The filing is in compliance with the Companies Act, 2013.
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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- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%