23-Oct-2026 16:49:24

RUDRAECOAcquisition and merger

SHIVA TEXFABS : RUDRA ECOVATION AMALGAMATION BECOMES EFFECTIVE

• NCLT Chandigarh Bench-I approved the scheme; effective from 23 October 2026 after filing with ROC • Transferor Rudra Ecovation dissolved without winding up; appointed date is 1 April 2025 • Transferee to issue 0.213 equity shares of ₹10 each for every 1 equity share of ₹1 each held in Rudra Ecovation • Shiva Texfabs name to change to Rudra Ecovation Limited; post-merger equity shares to be listed on BSE • Shares allotted under the scheme remain frozen till BSE grants listing and trading permission

Rudra Ecovation Ltd

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