Announced Tue, 31 Mar · 21:31 IST

1. Approval of the Scheme of Amalgamation of Emazing Deals Limited ('Transferor Company') into Kaiser Corporation Limited ('Transferee Company'): We wish to inform that based upon recommendation ....

Nclt Scheme FiledStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+14.1%1-day move
₹4.25
prior close
₹4.49
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After-mkt
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AI summary

The board of Kaiser Corporation Ltd has approved a Scheme of Amalgamation to merge Emazing Deals Limited (the Transferor Company) into Kaiser Corporation Limited (the Transferee Company). This is the first formal corporate step in the merger process, after which the scheme is expected to be filed with the National Company Law Tribunal (NCLT) for regulatory approval. Key details such as the share swap ratio, valuation, appointed date, and timeline were not available in the document excerpt. Shareholders and creditors of both companies will vote on the scheme at later stages before it becomes effective.

Likely market impact

If completed, the merger will absorb Emazing Deals into Kaiser Corporation, potentially expanding its business. Retail shareholders should watch for the swap ratio announcement and NCLT hearing dates, which will determine the real impact on shareholding and value.