Kedia Construction Co. Ltd. Scheme of Arrangement and Amalgamation Approved by NCLT
Kedia Construction Company Ltd. announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has approved the proposed Scheme of Arrangement and Amalgamation. The approval was granted on April 06, 2026.The Scheme involves Kirti Investments Limited, referred to as the Transferor Company, and Kedia Construction Company Limited, referred to as the Transferee company. The proposed transaction is governed under Section 230 to section 232 and other applicable provisions of the Companies Act, 2013.
The company confirmed that the detailed order from the NCLT is awaited and will be disclosed to the Stock Exchanges upon receipt.
Stock Price Movement
Kedia Construction Company Ltd shares settled at ₹4.89 on Wednesday, marking a gain of 4.94%. Throughout the trading session, the stock remained completely flat, locked at this ₹4.89 level.Source:
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