Kedia Construction sets Sep 18 Record Date for Kirti Investments Merger

Kedia Construction Company Ltd has fixed September 18, 2026, as the Record Date for its merger with Kirti Investments Limited. This decision was made during a board meeting on September 5, 2026. The merger, approved by the National Company Law Tribunal (NCLT), Mumbai Bench, involves Kedia Construction issuing 83,60,000 shares to Kirti Investments shareholders. The share exchange ratio is 38 equity shares of Kedia Construction (face value ₹1) for every 100 equity shares of Kirti Investments (face value ₹5). This amalgamation aims to consolidate business operations, pool resources, and improve operational efficiencies.