Amendment to Memorandum and Articles of Association of the Company Pursuant to Scheme of Merger
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Innovassynth Investments Limited, the listed entity (BSE scrip code 533315), has approved the alteration of its Memorandum of Association and Articles of Association following the merger by absorption of Innovassynth Technologies (India) Limited into itself. The merger scheme was sanctioned by the NCLT Mumbai Bench via its order dated November 14, 2025 (with rectification order dated November 26, 2025), and the effective date was intimated to the exchange on December 19, 2025. The Board, at its meeting on December 23, 2025, took on record the consequential changes to the name and objects clauses of the MoA and AoA. The altered MoA now combines an investment/holding company object with the manufacturing of speciality chemicals, fine chemicals, and custom synthesis business that belonged to the transferor company. The alterations are subject to completion of requisite statutory filings and compliances.
The listed entity is now a combined company that will run both an investment/holding business and a speciality chemicals manufacturing business under one umbrella. Shareholders of the transferor company (Innovassynth Technologies) effectively become shareholders of the listed entity, and the stock may see a re-rating based on the expanded business profile, though the actual swap ratio and any open offer implications should be watched closely.