R K Swamy Board Approves Dsquare Solutions Amalgamation

R K Swamy Limited's Board of Directors has approved the Scheme of Amalgamation of Dsquare Solutions Private Limited, a wholly-owned step-down subsidiary, with its parent company, Hansa Customer Equity Private Limited. Dsquare, engaged in customer and marketing analytics, will be merged into Hansa Cequity, which also focuses on data analytics and digital marketing consultancy. The amalgamation aims for effective control, resource optimization, economies of scale, and reduced compliance, enhancing stakeholder value. As Dsquare is wholly owned by Hansa Cequity, no cash consideration is payable. The appointed date for the scheme is April 1, 2026, subject to regulatory approvals. The transaction is considered a related party transaction but is exempted from arm's length requirements as it involves wholly-owned subsidiaries.