Announcement under Regulation 30 - Withdrawal of merger proposal.
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RR MetalMakers India Ltd has informed BSE that its proposed merger with RKB Global Limited (an unlisted entity with common promoters) has been withdrawn. The merger was initially in-principle approved by the Directors on February 28, 2025. However, RKB Global Limited, after examining various factors, decided to pull out of the merger proposal. As a result, the earlier announced merger now stands withdrawn, and there will be no further action on this transaction.
For shareholders, the proposed merger with RKB Global Limited is now off the table, meaning no share-swap, restructuring, or change-of-control events will happen. The company will continue to operate as a standalone listed entity, and any earlier expectations of synergies or valuation re-rating linked to the merger no longer hold.