The Board of Director of the Company has, at its meeting held on today, i.e., March 13, 2026, inter alia, considered and in-principally approved, proposal for the Amalgamation of Ayushman ....
Awaiting price reaction for this filing.
Harig Crankshafts Limited's board, at its meeting on March 13, 2026, gave in-principle approval for the amalgamation of Ayushman Infratech Limited into Harig Crankshafts. This is only an initial approval — no swap ratio has been announced yet. The board has asked for a valuation report and other documents, after which a detailed Scheme of Amalgamation will be placed before the board in a future meeting. The Managing Director and Company Secretary have been authorised to take the necessary steps. The board meeting ran from 2:30 PM to 4:00 PM.
This is an early-stage announcement, so there is no immediate effect on shareholders or share price. Investors should watch for the next board meeting where the swap ratio and final scheme details will likely be disclosed, as those will determine the real impact on shareholding and value.