Kiran Vyapar Ltd

📊 Kiran Vyapar's MSUM Holding Shifts to 27.73% Post-Amalgamation

- Kiran Vyapar Ltd held 29.70% in Placid Limited and 3.78% in MSUM prior to amalgamation.

- Placid Limited was amalgamated with MSUM effective 25 April 2026.

- Kiran Vyapar received 8,21,55,375 MSUM shares (₹10 each) in exchange for its Placid shares, based on a swap ratio of 515:1.

- Post-amalgamation, Kiran Vyapar's total holding in MSUM increased to 8,97,29,943 equity shares, representing 27.73% of MSUM's paid-up capital.

- MSUM is now an associate of Kiran Vyapar Ltd.

- MSUM is a diversified company in textiles, renewable energy, and financing, incorporated in 1939.

- MSUM's paid-up capital is ₹210.58 crore and turnover was ₹599.88 crore in FY 2024-25.