BSEKiran Syntex LtdMediumNeutral
Announced Thu, 12 Feb · 19:02 IST

Kiran Syntex Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/02/2026 ,inter alia, to consider and approve the Scheme of Amalgamation between ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kiran Syntex Ltd has informed BSE that its Board of Directors will meet on Friday, 20 February 2026 at the registered office in Surat. The key item on the agenda is to consider and approve the Scheme of Amalgamation between Kiran Syntex Limited and Gujarat Kiran Polytex Limited. The intimation was signed by Managing Director Maheshkumar Motiram Godiwala on 12 February 2026. No swap ratio, valuation, or NCLT filing details have been disclosed yet, and the full scheme document will likely be shared after the board approval.

Likely market impact

For shareholders, this is an early-stage announcement — the amalgamation has not yet been finalised or filed with NCLT. Once approved, it could lead to a restructuring where the two entities merge, which may affect shareholding patterns and warrant close attention to the swap ratio and timeline once released.