The Board of Directors of the Company has approved the Scheme of Amalgamation of Gatil Properties Private Limited (Wholly -Owned Subsidiary Company) with the Company

The Board of Directors of Ganesh Housing Limited has approved a Scheme of Amalgamation to merge Gatil Properties Private Limited, its wholly-owned subsidiary, into the parent company. Since Gatil Properties is fully owned by Ganesh Housing, no shares are likely to be issued as consideration, and no third-party shareholder approvals or open offer obligations arise. The scheme will now need to be filed with the National Company Law Tribunal (NCLT) and cleared by the tribunal before becoming effective. Such intra-group mergers are typically undertaken to simplify corporate structure, reduce compliance costs, and consolidate operations within the real-estate business of the company.