CIAN Agro Approves Six-Entity Amalgamation Scheme

CIAN Agro's Board approved merger of six subsidiaries/step-down subsidiaries into itself under Sections 230–232 of Companies Act, 2013.
MAIIL equity shareholders to receive 30 CIAN shares per 100 MAIIL shares; AEIPL preference holders to receive equivalent CIAN preference shares.
Post-scheme CIAN total equity shares rise from 2,79,85,895 to 2,80,88,217; promoter holding marginally dilutes from 67.61% to 67.40%.
MAIIL reported the largest net worth of ₹57,845.74 lakhs and revenue of ₹94,337.11 lakhs as at/for FY ending March 31, 2025.