Pursuant to order date June 09, 2025 in the Company Scheme Application no.CA(CAA)/64/MB-IV/2025 and in compliance with applicable provision of the Companies Act, 2013 and the SEBI (LODR) ....
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Kedia Construction Company Ltd held an NCLT-convened meeting of equity shareholders on July 28, 2025 (via video conferencing) to approve the Scheme of Amalgamation between Kirti Investments Limited (Transferor Company) and Kedia Construction Company Limited (Transferee Company) under Sections 66 and 230-232 of the Companies Act, 2013. The meeting was directed by NCLT Mumbai Bench via its order dated June 09, 2025 in Company Application CA(CAA)/64/MB-IV/2025. Out of 30,00,000 total outstanding equity shares, 18,64,800 shares (62.16%) were polled and 100% voted in favour of the resolution with zero votes against. The scheme has been approved by shareholders with the requisite majority as required under the Companies Act.
Shareholders of Kedia Construction have approved the amalgamation of Kirti Investments Limited into the company. The scheme now moves forward for further NCLT and regulatory approvals. For Kirti Investments shareholders (if any), this means their entity will merge into Kedia Construction, though no share swap ratio has been disclosed in this filing.