Announced Fri, 21 Aug · 20:32 IST
Kaiser Corporation board approves merger of Emazing Deals into itself
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Kaiser Corporation board on 21 Aug 2026 approved a Scheme of Amalgamation to merge Emazing Deals Limited (EDL), an e-commerce firm, into itself. KCL operates in printing and engineering goods. The scheme, under Sections 230-232 of the Companies Act, needs NCLT, shareholder, creditor and BSE approvals. KCL also appointed a registered valuer, merchant banker and chartered accountant for the merger. The 33rd AGM is on 28 September 2026.
Likely market impact
Subject to NCLT and shareholder approvals; would expand KCL into e-commerce fulfillment.