Kisan Mouldings Approves Scheme of Arrangement for Amalgamation

Kisan Mouldings Limited (KML) announced that its Board of Directors has approved a Scheme of Arrangement for amalgamation. The scheme involves KML Tradelinks Private Limited (Transferor Company 1) and KML (Transferor Company 2) merging with Apollo Pipes Limited (Transferee Company 2). The amalgamation will occur in two steps: first, KML Tradelinks will merge with KML, and then KML will merge with Apollo Pipes. The appointed date for the scheme is April 1, 2026. This arrangement is subject to approvals from shareholders, creditors, stock exchanges (BSE, NSE), SEBI, NCLT, and other regulatory authorities. A fairness opinion on the share exchange ratio has been provided by Corporate Professionals Capital Private Limited, based on a valuation report from Axiology Valuetech Private Limited.