Ekam Leasing & Finance Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2026 ,inter alia, to consider and approve To consider ....
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Ekam Leasing & Finance Co. Limited has informed BSE that its Board of Directors will meet on January 31, 2026, at 3:00 PM at its registered office in New Delhi. The main agenda item is to consider and approve the proposed amalgamation of Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited with Ekam Leasing & Finance Co. Limited. Both companies being merged are wholly-owned subsidiaries of Ekam Leasing. The amalgamation is subject to necessary regulatory and other approvals. This is a standard regulatory intimation under SEBI Listing Regulations, and no specific share swap ratio or financial details have been disclosed yet.
Since both merging entities are wholly-owned subsidiaries, this is an internal restructuring exercise and is unlikely to have a material impact on shareholding or stock price in the short term. Shareholders should watch for further disclosures on the swap ratio, appointed date, and NCLT/regulatory approvals after the board meeting.