Regional Director, Ministry of Corporate Affairs, Western Region, Mumbai has approved the Scheme of Merger or Amalgamation between Zenith Commotrade Pvt Ltd (Transferor and Promoter Group ....
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The Regional Director, Ministry of Corporate Affairs (Western Region, Mumbai) has approved the scheme of merger between two promoter group companies of Shradha AI Technologies — Zenith Commotrade Pvt Ltd (transferor) and Femina Infrastructures Pvt Ltd (transferee). The order was passed and received on 23rd June 2025. As a result, 28,92,315 equity shares of Re. 2 each held by Zenith Commotrade, representing 4.75% shareholding in Shradha AI Technologies, will transfer/vest in the name of Femina Infrastructures. The merger does not involve the listed company itself — both merging entities are promoter group companies, and the listed company is simply seeing a change in which promoter group entity holds its shares.
This is an internal promoter group restructuring with no direct impact on Shradha AI Technologies' business or operations. Total promoter shareholding remains unchanged at 4.75% — only the entity holding those shares changes from Zenith Commotrade to Femina Infrastructures. Retail shareholders and the stock price are unlikely to be materially affected.