Panther Industrial Products board approved Scheme of Amalgamation with Shivang Edibles Oils under Companies Act 2013.
Share exchange ratio set at 1 Shivang Edibles share for every 19 Panther Industrial shares held.
Scheme subject to NCLT, BSE, and other statutory approvals; rationale includes business consolidation and synergy benefits.
Panther Industrial net worth ₹121 crore vs Shivang Edibles ₹9.24 crore as of March 2025.