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Belrise Industries informs about scheme of arrangement

04 Jul 2026 Evaluate
Belrise Industries has informed that this is in continuation to letter dated 31 January 2026 through which they had informed regarding the decision of the Board of Directors of the Company approving the proposed Scheme of Amalgamation amongst Badve Autocomps, Eximius Infra Tech Solutions, and Belrise Industries and their respective shareholders under Sections 230 to 232 read with other applicable provisions of the Companies Act, 2013 subject to the approval of the Stock Exchanges, Securities and Exchange Board of India, Shareholders and Creditors of the Company, Honourable National Company Law Tribunal, Mumbai Bench (NCLT), and such other statutory and regulatory approvals, as may be required. In the context, they further informed that the Company has received Observation Letter in terms of Regulation 37 of the Listing Regulations from National Stock Exchange of India and BSE, both dated July 3, 2026, with ‘no adverse observations’. Copy of the said Observation Letter(s) is enclosed. The same has also been uploaded on the website of the Company at weblink https://belriseindustries.com/investor-relation#Scheme. The Company shall abide by all the conditions given in the Observation Letter(s) and shall proceed with filing of the Scheme with the NCLT in due course. This said intimation will also be hosted on the Company’s website under the tab ‘Investor Relations’ at https://belriseindustries.com

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

Belrise Industries Share Price

227.40 -3.35 (-1.45%)
06-Jul-2026 11:56 View Price Chart
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