Effective date of scheme of arrangement involving Amalgamation.
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Yash Innoventures Limited has informed BSE that the scheme of amalgamation between Yash Shelter Limited (Transferor Company) and Yash Innoventures Limited (Transferee Company) has become effective from April 15, 2025. Both companies filed E-form INC-28 with the Registrar of Companies, Ahmedabad on the same date, confirming completion of the merger process. The scheme was structured under Sections 230 to 232 of the Companies Act, 2013, and all required regulatory steps have been fulfilled. As a result, Yash Shelter Limited stands merged into Yash Innoventures Limited, consolidating the two entities under one listed company.
The amalgamation brings Yash Shelter Limited under the listed Yash Innoventures umbrella, potentially expanding the company's scale and operational footprint. Shareholders should expect changes in shareholding structure and may receive shares of Yash Innoventures in exchange as per the approved swap ratio.