Shiva Texfabs Limited informs BSE about cancellation of cross-holdings post-amalgamation
Rudra Ecovation · Textiles & Apparels
Key highlights
- Scheme of Amalgamation of Rudra Ecovation Ltd with Shiva Texfabs Ltd effective from 23rd October, 2026
- Cancellation of 23,39,181 fully paid-up equity shares of Shiva Texfabs Ltd held by Rudra Ecovation Ltd
- Cancellation of 47,01,755 partly paid-up equity shares of Shiva Texfabs Ltd held by Rudra Ecovation Ltd and 12,00,000 fully paid-up preference shares of Rudra Ecovation Ltd held by Shiva Texfabs Ltd
Why it's rated notable: The filing confirms cancellation of cross-holdings effective 23rd October, 2026 under the amalgamation scheme, an internal restructuring with no rupee value stated, so the level stays at medium.
Original filing
Cancellation/Extinguishment Of Cross-Holdings Pursuant To The Scheme Of Amalgamation Of Rudra Ecovation Limited With Shiva Texfabs Limited
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More from Rudra Ecovation
- Acquisition / mergerNotableShiva Texfabs Ltd announces effective scheme of amalgamation with Rudra Ecovation Ltd
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.