Kiran Vyapar Limited Promoter Amalgamation Shareholding Change

Placid Limited amalgamated with Maharaja Shree Umaid Mills Limited per NCLT order dated 16 March 2026, effective 25 April 2026.
Placid's 33.86% stake (92.38 lakh shares) transferred to MSUM, increasing its holding to 54.72% (149.31 lakh shares).
MSUM becomes the holding company of Kiran Vyapar Limited; no impact on management or control as both are promoter group entities.
Disclosure made under SEBI LODR Regulation 30; the company is not a party to this promoter group amalgamation agreement.