Pursuant to Regulations 30 of SEBI (LODR) Regulations, 2015, we hereby inform that in furtherance to our intimation dated 23rd June, 2025 please find enclosed herewith the scrutinizer report ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kedia Construction Company Ltd (KCCL) held an NCLT-convened Extra-Ordinary General Meeting on July 28, 2025 via video conferencing to seek shareholder approval for the Scheme of Amalgamation of Kirti Investments Limited (KIL, Transferor Company) into Kedia Construction Company Limited (KCCL, Transferee Company). Remote e-voting ran from July 25 to July 27, 2025. The Scrutinizer, Ms. Kala Agarwal, reported that all 13 public shareholders who voted (representing 18,64,800 equity shares, or 100% of valid votes cast) approved the resolution with zero votes against. The meeting was chaired by Ms. Jayaprakash Preethi, appointed by the NCLT Mumbai Bench, with the cut-off date for voting eligibility being July 21, 2025.
The Scheme of Amalgamation has received 100% approval from public shareholders who participated in voting, a strong endorsement that removes a key regulatory hurdle. Shareholders should note that the merger still requires final NCLT sanction before it becomes effective, but this unanimous approval is a significant positive step toward completing the amalgamation.