'Update on the Scheme of Merger by Absorption of AG Enviro Infra Projects Private Limited with Antony Waste…
As filed · Antony Waste Handling Cell Limited has informed the Exchange regarding 'Update on the Scheme of Merger by Absorption of AG Enviro Infra Projects Private Limited with Antony Waste Handling Cell Limited
What happened
FactAntony Waste Handling Cell Limited has informed the Exchange regarding 'Update on the Scheme of Merger by Absorption of AG Enviro Infra Projects Private Limited with Antony Waste Handling Cell Limited'. Update regarding the Scheme of Merger by Absorption of AG Enviro Infra Projects Private. Limited (“Transferor Company”) with Antony Waste Handling Cell Limited (“Transferee.
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.
Demand
DelayedSo, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 crores on the C&D business.
So maybe by second quarter onwards, there will be a slight uptick in the numbers because post monsoon is where you'll see a lot of action happening at the ground level.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- Yes. So, it's normally spread between 40, 60 kind of a ratio in year 1 and year 2 and that should be... (management committed by FY27)
- So, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 (management committed by FY26)
Evidence
- Antony Waste Handling Cell Limited has informed the Exchange regarding 'Update on the Scheme of Merger by Absorption of AG Enviro Infra Projects Private Limited with Antony Waste Handling Cell Limited'.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
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%