Scheme of Arrangement
What happened
FactScheme of Arrangement. petition with respect to the proposed scheme of arrangement entered into by and amongst Mangalore.
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
RevisedWe have started FY27 on a strong footing with a 16 per cent revenue growth and an 18 per cent EBITDA growth, helping improve EBITDA margin from 24.1 to 24.5 per cent this quarter, while also expanding margins despite the challenging external environment.
In Q1 FY27, Revenue from operations increased 36% YoY to ₹ 6,124 crore, EBITDA rose 21% YoY to ₹ 742 crore, PBT increased 24% YoY to ₹ 526 crore and PAT stood at ₹ 393 crore.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- The Board of PPL in its Q1 FY 27 meeting approved the investment proposal of INR 250 Cr for setting up Alumini (management committed by Q1 FY27)
Evidence
- Paradeep Phosphates Limited has informed the Exchange about Scheme of Arrangement(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
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%