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Acquisitions13 Mar 2026, 04:54 pm

Harig Crankshafts Ltd. In-Principally Approves Amalgamation Proposal with Ayushman Infratech Limited

AI Summary

The Board of Directors of Harig Crankshafts Ltd. has, at its meeting held on March 13, 2026, considered and in-principally approved a restructuring proposal by way of Amalgamation. The proposed amalgamation involves Ayushman Infratech Limited and Harig Crankshafts Limited. The Board has approved the procurement of a valuation report and other relevant documents. A detailed Scheme of Amalgamation will be placed before the Board of Directors for its consideration in the next meeting. The Company will keep the Stock Exchanges updated with the progress of the Amalgamation.

Key Highlights

  • Harig Crankshafts Ltd. has approved a restructuring proposal by way of Amalgamation with Ayushman Infratech Limited
  • The Board has approved the procurement of a valuation report and other relevant documents
  • A detailed Scheme of Amalgamation will be placed before the Board of Directors in the next meeting
  • The Company will keep the Stock Exchanges updated with the progress of the Amalgamation