
Merger5 Dec 2024, 02:51 pm
Jayant Agro-Organics Ltd. Announces Merger with Jayant Finvest Limited, Resulting in Share Allotment
AI Summary
Jayant Agro-Organics Ltd. has announced a merger with Jayant Finvest Limited, as per the order of the National Company Law Tribunal dated August 29, 2024. Pursuant to the merger, Jayant Agro-Organics Ltd. has allotted equity shares to shareholders of Jayant Finvest Limited. The merger does not result in any change in the aggregate shareholding of the Promoter/Promoter Group of the Transferee Company. The merger was implemented in accordance with the Scheme of Merger by Absorption.
Key Highlights
- Jayant Agro-Organics Ltd. and Jayant Finvest Limited merger announced
- Merger executed in accordance with the Scheme of Merger by Absorption
- Jayant Agro-Organics Ltd. allotted equity shares to Jayant Finvest Limited shareholders
- No change in the aggregate shareholding of the Promoter/Promoter Group of the Transferee Company
- Order dated August 29, 2024, by the National Company Law Tribunal