Nath Industries: Tapovan Paper and Board Mills Acquires 0.71% Stake in Nath Industries via Scheme of Arrangement

Tapovan Paper and Board Mills Limited, on behalf of Jeevan Farms Private Limited, Paresh Farms Private Limited, and Prabha Farms Private Limited, has declared the acquisition of 1,34,585 Equity Shares of Nath Industries Limited. This acquisition is pursuant to the Scheme of Arrangement and Amalgamation under the Companies Act, 2013, of Jeevan Farms Private Limited, Nath Securities Limited, Paresh Farms Private Limited, Prabha Farms Private Limited, and Wexford Trading Company Private Limited with Tapovan Paper and Board Mills Limited. The actual transfer of shares will be effected in due course of time.