Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby inform that the Board of Directors of ....
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EMA India Ltd's Board of Directors met on March 18, 2026, from 11:00 AM to 12:30 PM. The Board discussed and approved the appointment of various professional intermediaries, including a merchant banker, legal advisors, a registered valuer, and other consultants. These advisors have been engaged to evaluate and structure a proposed merger. The company has informed BSE of this development under SEBI Listing Regulations.
This is an early-stage step toward a potential merger — no deal has been announced yet, but the company is now investing in advisors to evaluate and structure one. Shareholders should watch for future disclosures on the merger counterparty, valuation, and swap ratio, which could materially affect the stock once confirmed.