Amalgamation - Order approving Scheme of Amalgamation
As filed · Bikaji Foods International Limited has informed the Exchange about Amalgamation/Merger - Order approving Scheme of Amalgamation
What happened
FactBikaji Foods International Limited has informed the Exchange about Amalgamation/Merger - Order approving Scheme of Amalgamation. Act, 2013 and the rules framed thereunder (“Scheme of Amalgamation”). matter of Scheme of Amalgamation, please find enclosed the copy of the order as available on the 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
DelayedThis year will be 13.5, then at least 50 basis point improvement year-on-year.
we see it ease off in next 2 quarters and this will help us in overall getting margin back to a normal target.
Change
FactImplication
CapitSignal interpretationGuidance
RevisedOverall, this business in next 3-4 Years can become plus 15%-16% of EBITDA-driven business with 40%-50% of year-on-year growth.
So, in our budget, it is here 30% plus is the budget.
Change
FactImplication
CapitSignal interpretationGuidance
Delayedwe'll definitely look at for high-teens, but mid-teens as we speak, you know, we see clarity on that stuff. That's say, close to about 16% plus minus should be the growth, what we should do, we should be delivering quarter-on-quarter.
Overall, this business in next 3-4 Years can become plus 15%-16% of EBITDA-driven business with 40%-50% of year-on-year growth.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- And from Bikaji lens, we’ve opened 1 store in Rajasthan this year, and we'll open 3, 4 stores more in the same (management committed by FY27)
- So, by end of this year, they will be having close to 19, 20 stores, and largely in UP and MP area. (management committed by FY27)
Evidence
- Bikaji Foods International Limited has informed the Exchange about Amalgamation/Merger - Order approving Scheme of Amalgamation(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +4 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%