OUTCOME OF THE MEETING OF BOARD OF DIRECTORS OF WARREN TEA LIMITED (COMPANY/TRANSFEROR COMPANY) HELD ON 30.06.2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Warren Tea Limited's Board of Directors met on June 30, 2025, and the outcome has been filed with BSE. The company is referred to as the 'Company/Transferor Company,' which indicates that the board discussed and approved a scheme of arrangement or amalgamation where Warren Tea is the transferring entity. Specific details such as the counterparty, swap ratio, or scheme structure have not been disclosed in the headline and would be available in the detailed filing. The scheme would need to be further approved by the NCLT and shareholders before becoming effective.
This is an early-stage corporate action signal — shareholders should watch for the detailed scheme document to understand the valuation, share-swap ratio, and the identity of the transferee company, as these will determine the real impact on Warren Tea's stock price and shareholder value.