DHANINSEDhani Services LimitedMediumNeutral
Announced Tue, 14 Oct · 18:45 IST

Dhani Services Limited has informed the Exchange that Record date for the purpose of Merger/HiveOff is 28-Oct-2025.

Strategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dhani Services Limited has informed the stock exchange that 28-Oct-2025 has been fixed as the record date for the purpose of its proposed Merger/Hive-Off. A record date is the cut-off date used to identify shareholders who will be eligible to receive shares or consideration under the restructuring. The company has not disclosed the swap/exchange ratio, the counterparty, or the detailed scheme terms in this filing. Shareholders are advised to wait for further announcements from the company explaining the structure and impact of the deal.

Likely market impact

Investors holding Dhani Services shares as of 28-Oct-2025 will be eligible under the merger/hive-off. The stock may see some movement as traders position themselves ahead of the record date, but the real impact will depend on the swap ratio and terms, which are yet to be announced.