BSEKedia Construction Company LtdMediumNeutral
Announced Wed, 15 Jul · 18:33 IST
Board to note merger scheme effectiveness and share face value change on 18 July
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Kedia Constructions board meets 18 July 2026 to note the effectiveness of the Scheme of Arrangement and Amalgamation between Kirti Investments and the company, approved by NCLT. Also notes reduction in face value of equity shares per NCLT order, and authorizes related filings with depositories and RTA. Trading window is already closed from 1 July until 48 hours after Q1 FY27 results.
Likely market impact
NCLT scheme now effective. Merger with Kirti Investments and share face value change in motion. Expect record dates and revised shareholding soon.