Keshav Power Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
DALMIASUG · price
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Keshav Power Limited has filed a disclosure regarding the acquisition of 5 equity shares (0.00% of paid-up capital) of Dalmia Bharat Sugar and Industries Limited from Shree Nirman Limited, as part of a Scheme of Amalgamation sanctioned by NCLT Cuttack Bench on 30th May 2025. The amalgamation merges Ankita Pratisthan, Mayuka Investment, Shree Nirman, and Sarvapriya Healthcare Solutions into Keshav Power Limited, with the scheme effective from 1st April 2023 and operational from 13th June 2025. Post-transaction, Keshav Power holds 10 shares (0.00%) and Shree Nirman holds NIL. The disclosure was made under Regulation 10(1)(d)(ii) exemption, as all transferor and transferee companies belong to the same group, resulting in no change in aggregate pre and post amalgamation shareholding.
This is a purely internal group restructuring with negligible share movement (0.00%) and no change in ultimate beneficial ownership. There is no material impact on DBSIL shareholders or stock price as the transaction is within the same promoter group.