PFA,the revised resignation intimation of CS of Transferor Company.
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Uday Jewellery Industries Limited has informed BSE that the Scheme of Amalgamation with Narbada Gems & Jewellery Limited (Transferor Company) has become effective. The Transferor Company has ceased to exist upon the scheme taking effect. Form INC-28 was filed with the Registrar of Companies on February 19, 2026, giving legal effect to the amalgamation. Consequently, Mr. Sachin Upadhyaya, Company Secretary of the erstwhile Narbada Gems & Jewellery Limited, has resigned due to the dissolution of the Transferor Company by operation of law. His resignation effective date is February 19, 2026, aligning with the scheme's effective date.
This is a procedural disclosure confirming the completion of the previously announced amalgamation with Narbada Gems & Jewellery. Shareholders should note that the merger is now legally effective, and any benefits from the amalgamation (such as expanded operations or synergies) can start reflecting in the combined entity's financials going forward.