Scheme of Arrangement of Prismberry Technologies Private Limited (Wholly Owned Subsidiary) with Eyantra Ventures Limited (Holding Company).
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.4 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Eyantra Ventures Ltd, a BSE-listed company, has filed a draft Scheme of Arrangement for amalgamating its wholly-owned subsidiary Prismberry Technologies Private Limited into itself. The merger is being done under Sections 230-232 of the Companies Act, 2013, with an appointed date of April 1, 2026. Prismberry Technologies is an unlisted private company engaged in software development, IT services, and related activities. The scheme documents have been submitted to BSE for disclosure purposes, as SEBI has exempted wholly-owned subsidiary mergers from requiring a No-Objection Letter. The arrangement is subject to NCLT approval, along with shareholder and creditor approvals.
This is a routine consolidation of a 100% owned subsidiary into the holding company. No change to listed share count or open offer obligations is triggered. Shareholders may benefit from simplified group structure and cost savings from reduced statutory compliance requirements.