Integra Essentia Limited has informed the Exchange about General Updates
ESSENTIA · price
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Integra Essentia Limited has issued notice for an NCLT-convened meeting of its equity shareholders to be held on Saturday, September 27, 2025, at 3:00 PM via video conferencing. The meeting is to consider and approve the proposed Scheme of Amalgamation of G G Engineering Limited (Transferor Company) with Integra Essentia Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013. The NCLT New Delhi Bench passed orders on April 24, 2025, May 15, 2025, and May 22, 2025 directing the convening of this meeting. Both BSE (December 9, 2024) and NSE (November 29, 2024) have issued no-objection letters to the scheme. A valuation report by Axiology Valuetech Private Limited and a fairness opinion by Corporate Professionals Capital Private Limited, both dated June 29, 2024, are part of the scheme documents. The remote e-voting window runs from September 24 to September 26, 2025, with a cut-off date of September 20, 2025. Quorum is fixed at 1,84,336 equity shareholders.
Shareholders of Integra Essentia will vote on whether to absorb G G Engineering Limited into the company via a court-approved amalgamation. If the scheme is approved by shareholders and subsequently sanctioned by the NCLT, G G Engineering will merge into Integra Essentia, consolidating their businesses. Investors should review the swap ratio, valuation, and fairness opinion in the enclosed documents before voting. The stock may react to the perceived merits of the merger and any dilution from share issuance to G G Engineering shareholders.