Chambal Breweries to Amalgamate with Invade Agro, Shares Structured at 2:5 Ratio
The Board of Directors of Chambal Breweries and Distilleries Limited has approved a Scheme of Amalgamation with Invade Agro Limited. The decision was made during the company meeting held on June 29, 2026, following recommendations from the Audit Committee and the Independent Directors Committee.The Scheme involves the amalgamation of Chambal Breweries and Distilleries Limited (the Transferor Company) into Invade Agro Limited (the Transferee Company), governed by Sections 230 to 232 of the Companies Act, 2013. The merger is subject to necessary statutory and regulatory approvals, including those of shareholders, creditors, and the National Company Law Tribunal.
The companies involved in the Scheme exhibited significantly different financial profiles as recorded for the year ended June 4, 2026.
| Company | Paid-up Share Capital (Rs. Lakhs) | Turnover (Standalone) (Rs. Lakhs) | Net Worth (Standalone) (Rs. Lakhs) |
|---|---|---|---|
| Chambal Breweries and Distilleries Limited | 748.87 | Nil | 86.68 |
| Invade Agro Limited | 30019.62 | 8797.35 | 30343.34 |
The amalgamation is predicated on several strategic benefits, including the pooling of financial resources for centralized management and economies of scale. The integration is also expected to reduce statutory compliance requirements and administrative overheads, contributing to greater operational efficiencies for the merged entity.
A key aspect of the Scheme pertains to the consideration for the shares of the Transferor Company. Upon the amalgamation becoming effective, Invade Agro Limited will issue 5 fully paid-up equity share(s) of the Transferee Company (at Rs 10/- each) to every 2 fully paid-up equity share(s) of Chambal Breweries and Distilleries Limited held by its shareholders as on the record date.
Following the scheme's implementation, the Transferor Company will be automatically dissolved without being wound up. Furthermore, any shares previously held by Invade Agro Limited in Chambal Breweries and Distilleries Limited will be extinguished and cancelled.
Stock Price Movement
At the close of trade on Monday, shares of Chambal Breweries & Distilleries Ltd. settled at ₹23.40, edging higher by 1.96% for the day. The stock remained completely flat throughout the session, having locked into this singular trading price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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