Key Quantitative Figures

  • Net Loss for Q1 FY27: ₹7.75 lakhs (Quarter ended June 30, 2026)
  • Total Income: ₹1.08 lakhs (Quarter ended June 30, 2026)
  • Employee Benefits Expense: ₹2.20 lakhs (Quarter ended June 30, 2026)
  • Other Expenses: ₹6.63 lakhs (Quarter ended June 30, 2026)
  • Basic & Diluted EPS: (₹0.10) per share (Quarter ended June 30, 2026)
  • Cash & Cash Equivalents (Closing): ₹26.52 lakhs (June 30, 2026)
  • Paid-up Share Capital: ₹748.88 lakhs (Chambal), ₹30019.62 lakhs (Invade Agro)
  • Net Worth: ₹84.85 lakhs (Chambal), ₹30429.43 lakhs (Invade Agro)
  • Turnover: Nil (Chambal), ₹9011.40 lakhs (Invade Agro)

Dates of Action

  • Board Meeting Date: July 07, 2026 (6:00 PM to 6:26 PM)
  • Quarter End Date: June 30, 2026
  • Appointed Date for Amalgamation: July 01, 2026
  • Auditor's Report Date: July 07, 2026

Parties Involved

  • Transferor Company: Chambal Breweries and Distilleries Limited
  • Transferee Company: Invade Agro Limited
  • Statutory Auditors: Lokesh Maheshwari & Associates (Firm Registration No: 020075C)
  • Regulatory Authorities: BSE Limited, SEBI, National Company Law Tribunal (NCLT)
  • Company Officials: Shobhana Sethi (Company Secretary), Meenal Shrirang Patwardhan (Managing Director), CA Lokesh Maheshwari (Auditor)

Purpose and Rationale

The Board approved a scheme of amalgamation of Chambal Breweries with Invade Agro Limited to achieve:

  • Efficient pooling of financial resources and centralized fund management
  • Greater economies of scale and stronger resource base for future growth
  • Reduction in statutory and regulatory compliance costs
  • Operational and administrative expense reduction
  • Coordinated optimum utilization of resources
  • Benefit to all stakeholders including shareholders

Financial and Operational Impact

Amalgamation Consideration: The Transferee Company will issue 5 fully paid-up equity shares of face value ₹10 each for every 2 fully paid-up equity shares of face value ₹10 each held by Chambal shareholders as on Record Date.

Shareholding Pattern Change: Upon scheme effectiveness, Invade Agro will issue equity shares to Chambal shareholders, and shares held by Invade Agro in Chambal (22.93% holding) will be extinguished and cancelled.

Related Party Transaction: The transaction qualifies as related party (Invade Agro holds 22.93% in Chambal) but is considered at arm's length due to independent valuation and merchant banker fairness opinion.

Capital Structure Impact

The amalgamation will result in issuance of new shares by Invade Agro Limited to shareholders of Chambal Breweries, leading to change in capital structure of Transferee Company and dissolution of Transferor Company without winding up.

Approval Requirements

The scheme is subject to approval of:

  • Shareholders of both companies
  • Creditors of both companies
  • Hon'ble National Company Law Tribunal (NCLT)
  • Other statutory and regulatory approvals

Additional Information

  • The company has adopted Indian Accounting Standards (Ind AS) with effect from April 1, 2017
  • The financial results were reviewed and approved by the Board of Directors
  • The intimation is available on company website: www.chambalkota.in
  • The amalgamation is expected to be beneficial for all stakeholders