India Radiators Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2025 ,inter alia, to consider and approve the Scheme of Arrangement. In ....
Awaiting price reaction for this filing.
India Radiators Ltd has informed the BSE that its Board of Directors will meet on Tuesday, 08 April 2025, to consider and approve a Scheme of Arrangement. The company has not disclosed the nature of the scheme, the counterparty involved, swap ratio, or any financial details in this intimation. Further information will be shared with the stock exchange after the board meeting concludes, in line with SEBI's LODR disclosure requirements. The filing is signed by Whole Time Director E N Rangaswami.
This is only a preliminary notice — no concrete details about the scheme are available yet, so there is no immediate actionable information for shareholders. Investors should wait for the post-board-meeting disclosure on 08 April 2025 to understand whether this involves a merger, demerger, restructuring, or other arrangement, and what it means for the company's shareholding or business.