Announced Mon, 27 Jul · 23:39 IST
Shareholders approve Scheme of Amalgamation with 99.99% majority
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Ekam Leasing shareholders approved the Scheme of Amalgamation of Rex Overseas Pvt Ltd and S & S Balajee Mercantile Pvt Ltd into Ekam Leasing at the NCLT-directed meeting on July 24, 2026. Out of 124 voters (38,81,514 shares), 99.99% voted in favour and only 2 shares voted against. Public category shareholders also approved with 99.99% majority. The scheme now moves to NCLT for further approval.
Likely market impact
Positive step towards scheme completion; amalgamation to expand business once NCLT sanctions it. Minor dissent only.