Joint Ventures8 April 2026 at 11:11 am
Panther Industrial Products Ltd Approves Scheme of Amalgamation with Shivang Edibles Oils Ltd
AI Summary
Panther Industrial Products Ltd (PIPL) announced the approval of a Scheme of Amalgamation with Shivang Edibles Oils Ltd (SEOL) at a Board Meeting held on April 08, 2026. The amalgamation is subject to necessary statutory and regulatory approvals, including the approval of the National Company Law Tribunal. The details of the scheme are provided in Annexure ‘A’.
Key Highlights
- Panther Industrial Products Ltd and Shivang Edibles Oils Ltd approved a Scheme of Amalgamation
- The amalgamation is subject to necessary statutory and regulatory approvals
- The scheme is under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013
- The meeting of the Board of Directors of PIPL commenced at 2:30 P.M. and concluded at 3:50 PM on April 08, 2026