Rudra Ecovation & Shiva Texfabs Amalgamation Effective

The Scheme of Amalgamation of Rudra Ecovation Limited (Transferor Company) with Shiva Texfabs Limited (Transferee Company) has become effective from October 23, 2026. This follows the approval from the National Company Law Tribunal (NCLT) on September 16, 2026. Upon effectiveness, Rudra Ecovation Limited will be dissolved without winding up. Shiva Texfabs Limited will be renamed 'Rudra Ecovation Limited'. Shareholders of Rudra Ecovation will receive 0.213 equity shares of Shiva Texfabs (₹10 each) for every 1 equity share (₹1 each) held. The shares of the merged entity will be listed on BSE.