Cyber Media (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on September 30, 2025 for approval of proposed merger/ amalgamation.
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The Board of Directors of Cyber Media (India) Limited, at its meeting on September 30, 2025, approved a proposal to merge Cyber Media Research & Services Limited (the Transferor Company) into Cyber Media (India) Limited (the Transferee Company). The merger will be carried out under Sections 230-232 of the Companies Act, 2013, and is subject to further regulatory and legal approvals, including from the NCLT and SEBI. The board meeting lasted only 30 minutes, and the proposal was recommended by the Audit Committee. No share swap ratio or deal valuation has been disclosed in this filing.
This is an internal group restructuring where a subsidiary is being absorbed into the listed parent company. It is likely to streamline operations but is not an acquisition of an external business. Shareholders may see no immediate change in shareholding unless shares are issued as part of the swap ratio, which is yet to be announced.