Kothari Sugars Amalgamation into Kothari Petrochemicals Approved

Board approved Scheme of Amalgamation merging Kothari Sugars and Chemicals Ltd into Kothari Petrochemicals Ltd.
Share exchange ratio set at 1 KPL share for every 5 KSCL shares held, based on a joint valuation report.
Rationale includes simplifying group structure, cost savings, and creating a stronger combined entity.
Scheme is subject to approvals from NCLT, shareholders, creditors, SEBI, and stock exchanges.