Kiran Vyapar Ltd

Major Shift in Kiran Vyapar Ltd Ownership 🏢📊

• Placid Limited held 33.86% (92,38,132 shares) and Maharaja Shree Umaid Mills Limited held 20.86% (56,92,400 shares) in Kiran Vyapar Ltd.

• A Scheme of Amalgamation approved by the National Company Law Tribunal, Kolkata Bench on 16 March 2026 merged Placid Limited and other group companies with Maharaja Shree Umaid Mills Limited.

• The amalgamation became effective on 25 April 2026, with Placid Limited dissolved without winding up and ceasing to exist from that date.

• Placid Limited's shareholding was transferred to Maharaja Shree Umaid Mills Limited.

• Post-acquisition, Maharaja Shree Umaid Mills Limited holds 54.72% (1,49,30,532 shares) in Kiran Vyapar Ltd and became the holding company.

• The transaction is between promoter group companies and does not impact the management or control of Kiran Vyapar Ltd.

• No restrictions or liabilities were imposed on Kiran Vyapar Ltd as a result of the amalgamation.