The meeting of the Board of Directors was held on 28th April 2025 at its registered office and following matters were discussed and resolution passed. 1. The board has approved Valuation ....
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Awaiting price reaction for this filing.
Haria Exports Limited's Board of Directors met on 28th April 2025 at its registered office in Vile Parle, Mumbai. The Board approved the Valuation Report and Fairness Report relating to a proposed Merger, and also approved the Scheme of Merger itself. The meeting ran for 30 minutes, from 7:45 PM to 8:15 PM. The filing does not disclose the name of the merging entity, the swap/exchange ratio, or the timeline for next steps.
Board approval of the merger scheme is a constructive first step, but without details on the counterparty, valuation, and share-swap ratio, shareholders cannot yet gauge the impact on share value. Investors should watch for follow-up filings disclosing the merger terms and any NCLT filing.