We refer to our Letter dated December 03, 2025, pursuant to Regulation 30 read with Regulation 37(6) of the SEBI LODR Regulations 2015, please find enclosed the draft Scheme of Merger of Wholly Owned Subsidiary of the Company with the Company.
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Awaiting price reaction for this filing.
Intrasoft Technologies has submitted the draft Scheme of Merger of its Wholly Owned Subsidiary into itself to the stock exchanges, as required under SEBI LODR Regulation 37(6). The filing follows an earlier communication dated December 03, 2025. Since the subsidiary is entirely owned by the parent company, this is a routine internal restructuring aimed at simplifying the corporate structure. No new investors or external shareholders are involved in the merger. The scheme will now proceed to NCLT and other regulatory approvals as applicable.
Likely neutral to marginally positive for shareholders — merging a wholly owned subsidiary into the parent is a simplification exercise that may reduce compliance costs and streamline operations, with no dilution or change in ultimate ownership.