Joint Venture23 Feb 2026, 03:46 pm
Keynote Financial Services' Associate Company's Scheme of Amalgamation Approved
AI Summary
Keynote Financial Services Ltd. has announced the approval of the Scheme of Amalgamation involving its Associate Company, Maple Leaf Trading and Services Limited, and Bela Properties Private Limited. The Regional Director Eastern Region has approved the amalgamation, which has been taken on record by the Board of Maple Leaf Trading and Services Limited. The next step is to file INC 28 to effect the amalgamation. The subsidiary and its Associate are not listed on any stock exchanges.
Key Highlights
- Keynote Financial Services' Associate Company's Scheme of Amalgamation Approved
- Involves Associate Company of Keynote Capital Limited (Material Subsidiary) - Maple Leaf Trading and Services Limited
- To be amalgamated with Bela Properties Private Limited
- Approval taken on record by the Board of Maple Leaf Trading and Services Limited
- Next step is to file INC 28 to effect the amalgamation
Price Impact
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