Ventura Guaranty Limited hereby submits, Newspaper Publication of Advertisement of Notice of the Hon''ble NCLT convened meeting of the shareholders.
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Awaiting price reaction for this filing.
Ventura Guaranty Limited published an advertisement on April 11, 2025 in Business Standard and Navshakti, informing shareholders about an NCLT-convened meeting to consider a Scheme of Merger by Absorption of Kashmira Investment and Leasing Private Limited into Ventura Guaranty Limited. The NCLT Mumbai Bench, through an order dated March 25, 2025, directed the equity shareholders' meeting to be held on Monday, May 12, 2025 at 12:00 PM via video conferencing. Remote e-voting window is from May 9 (9:00 AM) to May 11 (5:00 PM), 2025. Mr. Manish Chhaganlal Patel has been appointed as Chairperson, and Mr. Sanjay Shringarpure as Scrutinizer. The scheme, if shareholders approve, will still require subsequent NCLT sanction.
This is a procedural milestone in the proposed merger. Shareholders should review the scheme document and exercise their vote by May 11, 2025; if approved, it could consolidate Kashmira Investment and Leasing into Ventura Guaranty, subject to final NCLT clearance.