Acquisitions23 Mar 2026, 04:24 pm
Western Ministil Ltd. to Acquire 100% Shareholding in Micron Calcite Private Limited and Regularize Kalpesh Naginbhath Patel as Non-Executive Director
AI Summary
Western Ministil Ltd. has called for an Extra-Ordinary General Meeting (EGM) on 15th April, 2026, through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The agenda includes the approval for acquisition of 100% shareholding in Micron Calcite Private Limited, a proposed subsidiary and related party of the Company. The Company also seeks to regularize Kalpesh Naginbhath Patel as a Non-Executive Director. The total consideration for the acquisition will be paid on cash basis and as per the valuation carried out by the Independent registered valuer.
Key Highlights
- Western Ministil Ltd. to acquire 100% shareholding in Micron Calcite Private Limited
- Kalpesh Naginbhath Patel to be regularized as Non-Executive Director
- Total consideration for the acquisition to be paid on cash basis
- Valuation for the acquisition to be carried out by Independent registered valuer
- Acquisition to make Micron Calcite Private Limited a Wholly Owned Subsidiary of Western Ministil Limited