Kaiser Corp Approves Merger with Emazing Deals

Kaiser Corporation Limited's Board of Directors has approved the Scheme of Amalgamation of Emazing Deals Limited into Kaiser Corporation Limited. This significant step, recommended by the Audit Committee and Independent Directors' Committee, is in accordance with Sections 230-232 of the Companies Act, 2013. The amalgamation is subject to approvals from shareholders, creditors, the National Company Law Tribunal (NCLT), and stock exchanges. The company also appointed Mr. Nikhil P Chandak as Registered Valuer, Navigant Corporate Advisors Limited as Merchant Banker, and Mr. Asim Kumar Santara as Chartered Accountant for related valuations and reports. Additionally, the Board authorized directors and officers to file necessary applications with regulatory authorities. The 33rd Annual General Meeting is scheduled for September 28, 2026.