ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
3 announcements with these filters
The Peria Karamalai Tea & Produce Company will receive shares in Maharaja Shree Umaid Mills Limited (MSUM) following MSUM's merger with Placid Limited. The acquisition, approved by the NCLT, involves a share exchange ratio of 515 MSUM shares for every 1 Placid Limited share held.
The Peria Karamalai Tea & Produce Co Ltd announced the amalgamation of promoter group companies Placid Limited and Maharaja Shree Umaid Mills Limited (MSUM). Consequently, MSUM's direct and indirect stake increased to 51.66%, making it the company's holding company effective April 25, 2026. This internal restructuring follows NCLT approval.
The Peria Karamalai Tea & Produce Co Ltd will acquire 4,81,98,850 shares in Maharaja Shree Umaid Mills Limited via a court-approved merger. This share swap results in a 14.8958% post-merger stake in MSUM. The transaction follows the amalgamation of group company Placid Limited into MSUM.