EMA India's Board approved a Scheme of Amalgamation with Dynalog India Limited on March 27, 2026, subject to NCLT and regulatory approvals.
Share exchange ratio set at 28 Dynalog India shares for every 25 EMA India shares; combined entity net worth ~₹51.45 crore.
Promoter holding in merged entity rises to 73.09% post-scheme; Dynalog India to seek BSE listing after EMA India's dissolution.
Valuation by SSPA & Co. (Registered Valuer) and Fairness Opinion by Mark Corporate Advisors Private Limited obtained.