'Update on Scheme of Amalgamation'
As filed · Radico Khaitan Limited has informed the Exchange regarding 'Update on Scheme of Amalgamation'.
What happened
FactRadico Khaitan Limited has provided an update on the Scheme of Amalgamation with its wholly owned subsidiary and step-down subsidiaries. The Hon’ble National Company Law Tribunal, Allahabad Bench, has ordered the dispensation of meetings for the equity shareholders of the Transferor Companies and the Transferee Company. This information is also available on the company's website.
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.
Margins
Revisedthe gross margin in this quarter has improved by 350 basis points.
it is a combination of softer raw material scenario where we have had an improvement in margin of around 225 basis points, and the premiumization and product mix has been 125 basis points margin improvement.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- we expect it to be close to Rs. 500 crores for the current year, which last year was Rs. 340 crores. (management committed by FY26)
- in the next two years, we are going to improve our margin based on our product profile and premiumization happ (management committed by FY27)
Evidence
- Radico Khaitan Limited has informed the Exchange regarding 'Update on Scheme of Amalgamation'.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q3 FY26
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%