Pradeep Metals Ltd

Pradeep Metals Ltd. Gets NCLT Approval for Nami Capital Amalgamation 📈

• NCLT Mumbai approved the amalgamation scheme on April 8, 2026.

• Share exchange ratio: 19,007 PML equity shares for every 300 NCPL equity shares; 1 PML equity share for every 17 NCPL preference shares.

• Net worth increases from ₹144.15 crores pre-scheme to ₹160.58 crores post-scheme.

• Aims to simplify group structure, reduce legal entities, and improve capital allocation.

• PML to convene a meeting of equity shareholders to approve the scheme.