Merger15 May 2026, 08:41 pm
Autoline Industries: Amalgamation Scheme Approved
AI Summary
The Board of Directors of Autoline Industries Limited approved a scheme of amalgamation with its wholly-owned subsidiary, Autoline Design Software Limited, subject to regulatory approvals. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, appointed P G Bhagwat LLP as the Internal Auditor for FY 2026-27, and noted the resignation of Non-Executive Director Mr. Siddarth Somnath Razdan.
Key Highlights
- Autoline Industries approves amalgamation with Autoline Design Software Limited.
- Audited financial results for FY26 were approved by the board.
- P G Bhagwat LLP appointed as Internal Auditor for FY 2026-27.
- Siddarth Somnath Razdan resigned as Non-Executive Director.
Price Impact
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