Ventura Guaranty Limited hereby submits Scrutinizer''s Report along with Voting results for NCLT meeting held on May 12, 2025
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Ventura Guaranty Limited held an NCLT-convened meeting of equity shareholders on May 12, 2025, to approve the Scheme of Merger by Absorption of Kashmira Investment and Leasing Private Limited with Ventura Guaranty Limited. The resolution was passed with 100% votes in favor by both number and value, with zero votes against. Out of 31,94,800 total shares, 26,17,692 shares (81.93%) were polled — including 16,91,086 from the promoter group (76.39% of their holding) and 9,26,606 from public non-institutional shareholders (94.44% of their holding). The merger scheme had already received RBI's No Objection letter on October 25, 2024 and BSE's observation letter on December 6, 2024. The NCLT application reference is CA(CAA)/28/MB/2025 at the Mumbai Bench.
Shareholders have overwhelmingly approved the merger with Kashmira Investment and Leasing Private Limited, clearing a key shareholder-level milestone. The scheme now awaits final NCLT sanction before becoming effective. Once completed, Kashmira Investment and Leasing will be absorbed into Ventura Guaranty, which may consolidate the promoter group's holdings and simplify the corporate structure.