Acquisitions21 Mar 2026, 07:51 pm
Vindhya Telelinks Ltd Approves Scheme of Amalgamation with Birla Cable Ltd
AI Summary
Vindhya Telelinks Ltd has approved a scheme of amalgamation with Birla Cable Ltd at a Board Meeting held on March 21, 2026. The amalgamation is subject to necessary statutory and regulatory approvals, including the approval of the National Company Law Tribunal. The transaction is between related parties, but will be done at 'arm's length'. The share exchange ratio has been arrived at based on a report by RBSA Valuation Advisors LLP and GT Valuation Advisors Private Limited.
Key Highlights
- Vindhya Telelinks Ltd approves scheme of amalgamation with Birla Cable Ltd
- Subject to necessary statutory and regulatory approvals
- Transaction between related parties but will be done at 'arm's length'
- Share exchange ratio based on report by RBSA Valuation Advisors LLP and GT Valuation Advisors Private Limited