Rudra Ecovation Ltd.: Successful NCLT Convened Meetings for Scheme of Arrangement with Shiva Texfabs Limited

Rudra Ecovation Ltd. conducted NCLT Convened Meetings for Equity Shareholders, Secured Creditors, and Unsecured Creditors on February 21, 2026, through Video Conferencing. The meetings were chaired by Mr. Ashwani Sharma, Advocate, and Mr. Mohit Chawla, a Practising Chartered Accountant, was appointed as the Scrutinizer. The Scheme of Arrangement between Rudra Ecovation Limited and Shiva Texfabs Limited was placed before the Equity Shareholders for consideration and approval. The remote e-voting commenced at 9:00 a.m. (IST) on Tuesday, 17 February, 2026 and concluded at 5:00 p.m. (IST) on Friday, 20 February, 2026. The Chairman Sir and Company Secretary concluded the meeting by expressing their gratitude and appreciation to all the stakeholders for their trust and confidence in the Company.