A Committee has been constituted to evaluate the feasibility of Merger of the subsidiary company - Bamni Proteins Limited with the Company and to examine the modalities in this regard.
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The Board of Nitta Gelatin India Ltd has constituted a committee to evaluate the feasibility of merging its subsidiary, Bamni Proteins Ltd, into the Company. The committee will also examine the modalities of the proposed merger. This was informed to the stock exchanges on October 31, 2025, under SEBI's Listing Regulations. At this stage, no scheme has been filed, no swap ratio has been announced, and the merger is only being considered for feasibility.
This is only an initial exploratory step and not a confirmed merger. Shareholders should not assume the merger will go through. If it does materialise, it would simplify the group structure by folding the subsidiary into the parent, but details on valuation, ratio, and timelines are yet to be worked out.