Chambal Breweries Approves Merger with Invade Agro

Chambal Breweries & Distilleries Ltd announced its audited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved a draft scheme of amalgamation where Chambal Breweries (Transferor Company) will merge with Invade Agro Limited (Transferee Company). The appointed date for the amalgamation is July 01, 2026. Invade Agro Limited is significantly larger in terms of paid-up share capital, turnover, and net worth compared to Chambal Breweries. The transaction is considered at arm's length, with fairness opinions from independent valuers and merchant bankers. The scheme is subject to regulatory and shareholder approvals.