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JK Tyre & Industries informs about scheme of amalgamation

28 Nov 2025 Evaluate
Further to Letter dated November 20, 2025, JK Tyre & Industries has informed that the Board of Directors of the Company at its meeting held today, November 28, 2025 have: 1. taken on record the Certified copy of the Order dated November 20, 2025 of the Hon’ble National Company Law Tribunal, Jaipur Bench (‘Tribunal’), received on November 24, 2025; 2.The Board also decided December 22, 2025 as the effective date of the Scheme, operative from the Appointed Date i.e. April 1, 2025. The Board in consultation with the Transferor Company also fixed December 24, 2025 as the Record Date to determine the shareholders of the Transferor Company eligible to receive the equity shares of the Transferee Company pursuant to the Scheme. In terms of the Scheme, Cavendish Industries stand amalgamated into and with the company as aforesaid and accordingly, will cease to exist without being wound up from the Effective Date. The Meeting started at 1:45 pm (IST) and ended at 3:10 pm (IST).

The above information is a part of company’s filings submitted to BSE.

JK Tyres & Inds. Share Price

419.80 -12.75 (-2.95%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 134393.41
Apollo Tyres 432.00
CEAT 3570.85
Balkrishna Inds. 2238.10
JK Tyres & Inds. 419.80
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