Merger25 May 2026, 08:11 pm
Eyantra Ventures Approves Prismberry Technologies Merger
AI Summary
Eyantra Ventures Ltd's Board of Directors approved a Scheme of Arrangement for merging its wholly-owned subsidiary, Prismberry Technologies Private Limited, with Eyantra Ventures. The merger aims to enhance financial strength, streamline management, and optimize resource utilization. The scheme is subject to shareholder, creditor, and National Company Law Tribunal approvals. Prismberry Technologies has a turnover of ₹330.45 Lakhs, while Eyantra Ventures has a turnover of ₹6,750.21 Lakhs as of March 31, 2026.
Key Highlights
- Eyantra Ventures approves merger of Prismberry Technologies.
- Merger aims for greater integration and financial strength.
- Scheme requires shareholder, creditor, and NCLT approvals.
- Prismberry's turnover is ₹330.45 Lakhs; Eyantra's is ₹6,750.21 Lakhs.
- The merger simplifies the group structure and eliminates redundancies.
Price Impact
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