Rudra Ecovation: Cross-Holdings Cancelled Post Shiva Texfabs Amalgamation

Rudra Ecovation Limited has announced the cancellation and extinguishment of cross-holdings with Shiva Texfabs Limited, effective October 23, 2026. This action follows the Scheme of Amalgamation of Rudra Ecovation with Shiva Texfabs, which was approved by the National Company Law Tribunal and became effective on the same date. Specifically, Rudra Ecovation's holdings of 23,39,181 equity shares and 47,01,755 partly paid-up equity shares in Shiva Texfabs have been cancelled. Additionally, Shiva Texfabs' holding of 12,00,000 preference shares in Rudra Ecovation has also been extinguished. This move is a direct consequence of the successful amalgamation of the two entities.