GSP Crop Science Board Approves Scheme of Arrangement for Merger

GSP Crop Science Limited's Board of Directors has approved a Scheme of Arrangement for the amalgamation of Rajdhani Petrochemicals Private Limited (RPPL) and GSP Intermediates Private Limited (GIPL) into GSP Crop Science Limited. The appointed date for the scheme is April 1, 2026. The entire assets and liabilities of RPPL and the demerged undertaking of GIPL will be transferred to GSP Crop Science at their carrying values. As GSP Crop Science holds the entire share capital of both RPPL and GIPL, no new shares will be allotted upon the scheme's effectiveness, and RPPL's shares held by GSP will be cancelled. The rationale includes streamlining corporate structure, consolidating operations, and enhancing stakeholder value through synergies and increased scale.