Visagar Polytex LimitedVIVIDHANSE
Scheme of Arrangement
M&AWatchMajormateriality 79 out of 100
What happened
FactScheme of Arrangement. the total paid up share capital of the Company will be reduced from Rs. 29,27,00,534 divided into. 1 each to Rs. 87,81,016.
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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Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%