Newspaper publication - intimation of joint petition hearing
PITTIENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pitti Engineering Ltd has published newspaper advertisements in Business Standard (English) and Nava Telangana (Telugu) on 28 May 2026, informing about the hearing of a Joint Petition for sanction of a Scheme of Amalgamation. The scheme involves the merger/consolidation of Pitti Industries Private Limited (formerly Bagadia Chaitra Industries Private Limited) and Dakshin Foundry Private Limited into Pitti Engineering Limited, covering their respective shareholders and creditors. The filing is made under SEBI Regulation 30 (LODR) requirements. The hearing falls under the NCLT process for corporate restructuring.
The amalgamation is a corporate restructuring event that may alter the group's consolidated financial position and shareholding structure. Shareholders of Pitti Engineering should monitor NCLT proceedings as the outcome will determine the final merger terms and any impact on valuations.