Joint Venture18 Mar 2026, 05:51 pm
Paul Merchants Ltd Announces Completion of Paul Excursions Private Limited's Conversion to LLP
AI Summary
Paul Merchants Ltd has announced the completion of the conversion of its promoter group entity, Paul Excursions Private Limited, into a Limited Liability Partnership (LLP) under the name and style of Paul Excursions LLP. The conversion was in accordance with the provisions of the Limited Liability Partnership Act, 2008. The transfer of 3,07,065 equity shares, representing 9.96% of the total equity shares of the Company, from the demat account of Paul Excursions Private Limited to the demat account of Paul Excursions LLP has been completed and reflected in the demat account of Paul Excursions LLP as of March 18, 2026.
Key Highlights
- Paul Excursions Private Limited has been converted into a Limited Liability Partnership (LLP) under the name and style of Paul Excursions LLP.
- The conversion is in accordance with the provisions of the Limited Liability Partnership Act, 2008.
- 3,07,065 equity shares, representing 9.96% of the total equity shares of the Company, have been transferred from Paul Excursions Private Limited to Paul Excursions LLP.
- The transfer of shares has been completed and reflected in the demat account of Paul Excursions LLP as of March 18, 2026.
Price Impact
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