Belrise Industries Approves Amalgamation of H-One India

Belrise Industries Ltd announced that its Board of Directors has approved a scheme of amalgamation where H-One India Private Limited will merge with and into Belrise Industries Limited. This decision rescinds a previously approved scheme from November 11, 2025. The amalgamation aims to leverage existing strengths, create synergies, optimize resource utilization, and streamline operations, leading to cost savings and simplified corporate structure. H-One India, a wholly-owned subsidiary, reported a turnover of ₹2,092.60 Million, net worth of ₹2,077.01 Million, and net profit of ₹153.99 Million as of March 31, 2026. Belrise Industries reported a turnover of ₹75,283.30 Million, net worth of ₹50,835.32 Million, and net profit of ₹4,784.04 Million for the same period. No cash or share consideration is involved as H-One India is a wholly-owned subsidiary.