Pursuant to Regulation 30 read with Paragraph A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 144th AGM held on 9th September 2025, shareholders of Kemp & Company approved a new set of Articles of Association (Restated AOA). The new AOA incorporates key provisions from a Shareholders Agreement dated 13th July 2025 between the Seller Group and the Purchasers. The Restated AOA will come into effect from the earlier of either the Tranche 1 Completion under the Purchaser SPA or when the Purchasers issue a Control Notice. Key changes relate to vote-along covenants, transfer restrictions on the company's shareholding in VIP Industries Limited, non-solicitation obligations, and rules around appointing the company's representative. The filing was made under Regulation 30 of the SEBI Listing Regulations.
This signals a likely change of control transaction involving Kemp & Company, with Purchasers acquiring rights that govern how the company's VIP Industries stake is voted and transferred. Shareholders should expect follow-up disclosures including potential open offer and finalisation of the Tranche 1 completion timeline.