Exicom Tele-Systems Limited has informed the Exchange regarding ''inter-se change in the shareholding among certain Promoters Group entities pursuant to approval of the Scheme of Amalgamation "
EXICOM · price
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Exicom Tele-Systems has informed the exchange about a reshuffling of shareholdings within its Promoter Group. The change is happening among promoter group entities themselves (inter-se transfer) following the approval of a Scheme of Amalgamation. This is an internal reorganization and does not involve any change in the total promoter shareholding in the company. No specific transaction values or share quantities were disclosed in the headline.
This is a neutral event for retail shareholders — overall promoter control remains unchanged as shares are merely being reallocated within the promoter group due to an internal merger. Investors should review the Scheme of Amalgamation details for any indirect impact on promoter structure.