Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 Scheme of Amalgamation between H-One India Private Limited (Transferor Company) and Belrise Industries Limited (Transferee Company) and their respective shareholders and creditors
BELRISE · price
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On the reaction day the stock moved in line with Nifty Smallcap 250 and 0.2 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Belrise Industries' board, on June 30, 2025, approved the amalgamation of its wholly-owned subsidiary H-One India Private Limited into itself under Sections 230-232 of the Companies Act, 2013. H-One India makes pressed and welded panels and sub-assemblies for two-wheelers and four-wheelers, which is closely aligned with Belrise's auto-components business. H-One India reported FY25 turnover of about ₹287 crore but a small net loss of around ₹11 crore, while Belrise had turnover of roughly ₹6,659 crore and net profit of about ₹332 crore. Since H-One is fully owned by Belrise, there is no cash or share consideration, and Belrise's shareholding pattern will remain unchanged. The merger is aimed at creating synergies, reducing costs, eliminating duplication, and simplifying the group's corporate structure, subject to NCLT and other approvals.
No impact on shareholding or stock dilution for Belrise shareholders; the merger is expected to streamline operations and cut administrative costs, with H-One being a small, loss-making subsidiary contributing modestly to consolidated numbers.