RUDRA ECOVATION LIMITED: AMALGAMATION APPROVED WITH SHIVA TEXFAB LIMITED

• NCLT, Chandigarh Bench, approved the Scheme of Merger and Amalgamation, pronounced on 16 September 2026. • Rudra Ecovation Limited (Transferor Company) merges with Shiva Texfabs Limited (Transferee Company). • All properties, rights, powers, liabilities, and duties of the Transferor Company will transfer to the Transferee Company. • All employees of the Transferor Company will become employees of the Transferee Company without interruption of service. • The Appointed Date for the Scheme is 01.04.2025. • Impact: Positive (Regulatory approval of the scheme marks a significant step towards consolidation and operational integration.)

Rudra Ecovation Ltd

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