Merger11 Sept 2026, 05:00 pm
Kiran Syntex Submits Merger Scheme with Gujarat Kiran Polytex to BSE
AI Summary
Kiran Syntex Limited has submitted the draft Scheme of Merger with Gujarat Kiran Polytex Limited to the BSE. This follows the Board of Directors' approval on June 30, 2026, for the merger under Sections 230-232 of The Companies Act, 2013, and SEBI Regulations. The application has been filed through the BSE Listing Centre under Regulation 37.
Key Highlights
- Kiran Syntex and Gujarat Kiran Polytex merger scheme submitted to BSE.
- Board had previously approved the draft merger scheme.
- Submission is in accordance with Companies Act and SEBI Regulations.
- Application filed under Regulation 37 via BSE Listing Centre.
Price Impact
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