Kisan Mouldings Ltd Approves Scheme of Arrangement for Amalgamation

Kisan Mouldings Limited (KML) announced its Board of Directors has approved a Scheme of Arrangement for amalgamation. The scheme involves two steps: first, the amalgamation of its wholly-owned subsidiary, KML Tradelinks Private Limited (KTPL), with KML. Second, the amalgamation of KML with Apollo Pipes Limited (APL). The appointed date for the scheme is April 1, 2026. This transaction is subject to approvals from shareholders, creditors, stock exchanges (BSE, NSE), SEBI, NCLT, and other regulatory authorities. Fairness opinions on the share exchange ratio have been provided by Corporate Professionals Capital Private Limited and Axiology Valuetech Private Limited.