Narbada Gems And Jewellery Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve 1. To Approve and ....
Awaiting price reaction for this filing.
Narbada Gems and Jewellery Ltd has called a Board Meeting on 12th February 2026 to give effect to a Scheme of Arrangement for Amalgamation that was approved by the NCLT Hyderabad Bench on 21st January 2026. The Board will authorise filing of E-Form INC-28 to implement the scheme and fix a Record Date to identify eligible shareholders for the allotment of shares of Uday Jewellery Industries Limited as per the Share Exchange Ratio. The Board will also note a Kotak Mahindra Bank No-Due Certificate and file Form CHG-4 for charge satisfaction, along with other routine items.
This is a key step in completing the amalgamation — once the Record Date is set, eligible shareholders of Narbada Gems will receive shares of Uday Jewellery Industries Limited in exchange, effectively making them shareholders of the amalgamated entity. Investors should watch for the Record Date announcement to know their entitlement timeline.