Announced Fri, 21 Aug, 2026 · 20:32 IST

Kaiser Corporation board approves merger of Emazing Deals into itself

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDFExplain this filing

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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.