Rudra Ecovation Fixes Nov 6 Record Date for Shiva Texfabs Amalgamation

Rudra Ecovation Limited has announced November 6, 2026, as the record date for determining shareholder eligibility for the amalgamation with Shiva Texfabs Limited. The National Company Law Tribunal approved the scheme on September 16, 2026, with an effective date of October 23, 2026. Shareholders of Rudra Ecovation will receive 0.213 equity shares of Shiva Texfabs (₹10 face value) for every one equity share (₹1 face value) held. Post-amalgamation, Shiva Texfabs will be renamed Rudra Ecovation Limited. The appointed date for the amalgamation is April 1, 2025.