Vindhya Telelinks Limited Approves Amalgamation with Birla Cable Limited
Vindhya Telelinks Limited announced on March 21, 2026, that its Board of Directors approved a Scheme of Amalgamation with Birla Cable Limited and their respective shareholders and creditors. The amalgamation will involve the merger of Birla Cable Limited into Vindhya Telelinks Limited, leading to the dissolution of Birla Cable Limited.The proposed Scheme is subject to necessary statutory and regulatory approvals, including approval from the National Company Law Tribunal. The companies will seek no-objection letters from the BSE Limited and National Stock Exchange of India Limited.
As consideration for the amalgamation, Vindhya Telelinks Limited will issue 10 equity shares with a face value of Rs. 10 each for every 115 equity shares held by shareholders of Birla Cable Limited.
Financial Details
The following table summarizes key financial details for both companies as of December 31, 2025 (subject to review).
| Particulars | Birla Cable Limited (Transferor Company) | Vindhya Telelinks Limited (Transferee Company) |
|---|---|---|
| Total Assets | Rs. 462.93 Crores | Rs. 4,685.56 Crores |
| Net Worth | Rs. 228.13 Crores | Rs. 1,335.37 Crores |
| Turnover (nine months ended December 31, 2025) | Rs. 557.01 Crores | Rs. 2,561.27 Crores |
Shareholding Pattern
The amalgamation will impact the shareholding pattern of Vindhya Telelinks Limited as follows:
| Category | Pre-Amalgamation Shares & % | Post-Amalgamation Shares & % |
|---|---|---|
| Promoter and Promoter Group | 51,60,205 (43.54%) | 57,58,325 (41.26%) |
| Public | 66,90,658 (56.46%) | 81,96,777 (58.74%) |
| Total | 1,18,50,863 | 1,39,55,102 |
Upon the scheme’s effective date, Birla Cable Limited will dissolve.
The Board meeting commenced at 5:45 P.M. and concluded at 6:20 P.M. The transaction is considered a related-party transaction due to Vindhya Telelinks Limited holding 19.33% equity in Birla Cable Limited.
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