Postal Ballot: Aequs to merge 3 wholly owned subsidiaries into itself
AEQUS · price
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Aequs Limited is seeking shareholder approval via postal ballot to merge three wholly owned subsidiaries (AeroStructures Manufacturing India, Aequs Engineered Plastics, and Aequs Force Consumer Products) into itself under Section 233 of the Companies Act, 2013. Board approved the scheme on May 26, 2026, with appointed date April 1, 2026. E-voting runs July 2 to July 31, 2026; results by August 4. No new shares will be issued and Aequs shareholding pattern stays unchanged.
Internal restructuring, no share dilution. Simplifies group structure, may improve efficiencies. Shareholders should vote between July 2 and July 31, 2026.