Chambal Breweries Approves Amalgamation Scheme with Invade Agro

Chambal Breweries & Distilleries Ltd announced that its Board of Directors has approved a draft scheme of amalgamation with Invade Agro Limited. The amalgamation will see Chambal Breweries (Transferor Company) merge with Invade Agro (Transferee Company). The scheme is subject to various statutory and regulatory approvals, including from shareholders, creditors, and the National Company Law Tribunal. The company also reported its audited financial results for the quarter ended June 30, 2026. The transaction is considered a related party transaction but is deemed at arm's length based on independent valuations and fairness opinions.