Amalgamation
As filed · Amalgamation/Merger
What happened
FactAmalgamation/Merger. approved the Scheme of Merger by Absorption of KEC Spur Infrastructure Private Limited, a wholly.
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.
Order Book
WithdrawnWith these wins, our year-to-date order intake stands at ~Rs 21,300 Cr.
The addition of this order has further diversified our customer mix in the India T&D order book.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- Target: Reduce Greenhouse Gas (GHG) emissions intensity of manufacturing plants by 20% by FY26 (management committed by FY26)
- Target: 100% of key suppliers to be assessed under ESG criteria by FY23 (management committed by FY23)
Evidence
- The Board of Directors of the Company approved a Scheme of Merger by Absorption of KEC Spur Infrastructure Private Limited, a wholly owned subsidiary, with the Company, subject to requisite approvals.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · FY26
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%