Birla Cable Limited to Amalgamate with Vindhya Telelinks Limited

Birla Cable Limited to Amalgamate with Vindhya Telelinks Limited​

Birla Cable Limited announced that its Board of Directors has approved a Scheme of Amalgamation with Vindhya Telelinks Limited. The amalgamation will see Birla Cable Limited (Transferor Company) merge into Vindhya Telelinks Limited (Transferee Company), leading to the dissolution of Birla Cable Limited. The decision was made at a board meeting held on March 21, 2026.

The proposed Scheme is subject to statutory and regulatory approvals, including approval from the National Company Law Tribunal. It will also require no-objection letters from the BSE Limited and National Stock Exchange of India Limited.

Under the Scheme, Vindhya Telelinks Limited will issue 10 equity shares with a face value of Rs. 10 each for every 115 fully paid-up equity shares held by the shareholders of Birla Cable Limited (excluding Vindhya Telelinks Limited).

According to the Scheme details, as of December 31, 2025, Birla Cable Limited had total assets of Rs. 462.93 crore, a net worth of Rs. 228.13 crore, and a turnover of Rs. 557.01 crore. Vindhya Telelinks Limited had total assets of Rs. 4,685.56 crore, a net worth of Rs. 1,335.37 crore, and a turnover of Rs. 2,561.27 crore.

The amalgamation aims to consolidate manufacturing capabilities, enhance market presence, and improve operational efficiency. The combined entity is expected to benefit from synergies in procurement, logistics, and information technology.

Vindhya Telelinks Limited is a promoter of Birla Cable Limited, holding 19.33% of its equity share capital. The transaction is considered a related-party transaction and requires approval from the public shareholders of Birla Cable Limited.

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