StockWatch
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Plastic Products - Industrial
Board Meeting19 Sept 2026, 05:00 pm

Shish Industries Board to consider Amalgamation/Merger on Sep 23, 2026

AI Summary

Shish Industries Ltd. has scheduled a Board of Directors meeting for September 23, 2026. The main agenda is to consider and approve a Scheme of Amalgamation/Merger between the company and its wholly-owned subsidiaries, Shish Polylam Private Limited and Shish Global Solutions Private Limited. This will be conducted under sections 230 to 232 of the Companies Act, 2013. Additionally, the trading window for designated persons and their immediate relatives will remain closed from September 19, 2026, until 48 hours after the board meeting's outcome is publicly announced, in compliance with insider trading regulations.

Key Highlights

  • Board meeting scheduled for September 23, 2026.
  • To consider amalgamation/merger with two wholly-owned subsidiaries.
  • Merger involves Shish Polylam and Shish Global Solutions.
  • Trading window closed from Sep 19, 2026, until 48 hours post-announcement.
  • Potential corporate restructuring for Shish Industries.