Announced Wed, 22 Jul · 20:01 IST
Rubicon files merger scheme for wholly owned subsidiary Kia Health Tech
Strategic Transactions View source PDF
RUBICON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹1470.90
prior close
₹1499.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+1.5+2.3+0.0+3.1+7.0————————
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AI summary
Rubicon Research Limited has filed a scheme to merge wholly owned subsidiary Kia Health Tech Private Limited into itself. Board approved it on July 20, 2026 under Section 233 of Companies Act, with appointed date April 1, 2026. Since Kia is fully owned by Rubicon, no new shares will be issued and shareholding stays unchanged. The merger will fold Kia's upcoming manufacturing plant in Maharashtra into the parent.
Likely market impact
No new shares or dilution as Kia is fully owned by Rubicon. Simplifies group structure and brings upcoming plant under the parent directly.