Board approves amalgamation of Dsquare Solutions with Hansa Cequity
RKSWAMY · price
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R K Swamy's Board has approved merging Dsquare Solutions (wholly-owned step-down subsidiary) into Hansa Customer Equity (wholly-owned material subsidiary). Both operate in data analytics and digital marketing. As both are wholly-owned by R K Swamy, no consideration is payable and the shareholding pattern of the listed company is unchanged. Appointed Date is April 1, 2026. The scheme is subject to statutory and regulatory approvals including NCLT. Rationale: streamline operations, reduce compliance costs and achieve economies of scale.
Internal restructuring between wholly-owned subsidiaries; no change in R K Swamy shareholding or financials. Neutral for shareholders.