Chambal Breweries Board approves Q1 results & amalgamation

Chambal Breweries & Distilleries Ltd's Board of Directors met on July 7, 2026, to approve the Audited Financial Results for the quarter ended June 30, 2026. Additionally, the Board approved a draft scheme of Amalgamation of Chambal Breweries & Distilleries Ltd (Transferor Company) with Invade Agro Limited (Transferee Company) under Sections 230 to 232 of the Companies Act, 2013. The amalgamation is subject to necessary statutory and regulatory approvals, including those from shareholders, creditors, and the National Company Law Tribunal. Although a related party transaction, it is deemed to be at arm's length based on independent valuation. As of June 30, 2026, Chambal Breweries had a paid-up share capital of ₹748.87 Lakhs and net worth of ₹84.84 Lakhs, while Invade Agro had a paid-up share capital of ₹30019.62 Lakhs, turnover of ₹9011.40 Lakhs, and net worth of ₹30429.43 Lakhs. The appointed date for the amalgamation is July 1, 2026.