Aequs Limited's board approved a Scheme of Amalgamation to merge three wholly-owned subsidiaries into the parent company under Section 233 of the Companies Act, 2013.
The transferor subsidiaries reported a combined turnover of ₹5,841 million and a net loss of ₹166 million as of March 31, 2025.
The stated rationale is to achieve operational synergies, simplify the group structure, and create a stronger financial base for future growth.
No shares will be issued or change in Aequs's shareholding pattern as the subsidiaries are already wholly-owned.