Tag
Placid Limited
5 articles
Peria Karamalai Acquires 14.9% Stake in MSUM
Peria Karamalai Tea & Produce Co Ltd discloses acquisition of 4.82 crore equity shares in Maharaja Shree Umaid Mills Ltd representing 14.8958% stake pursuant to NCLT-approved amalgamation scheme.
The
Kiran Vyapar Gains 27.73% MSUM Stake
Kiran Vyapar Limited discloses acquisition of MSUM shares via NCLT-approved amalgamation scheme effective April 2026.
Company to receive 8.22 crore MSUM shares, increasing stake to 27.73% and making M
Kiran Vyapar Associate Placid Merged via NCLT Scheme
Kiran Vyapar Limited's 29.7%-held associate Placid Limited ceased to exist effective 25 April 2026 after NCLT sanctioned its amalgamation with Maharaja Shree Umaid Mills Limited.
The company will rece
Peria Karamalai Promoter Amalgamation Creates 51.66% Holder
Placid Limited amalgamated with Maharaja Shree Umaid Mills Limited effective 25 April 2026 per NCLT order.
MSUM's direct shareholding increased to 43.34% from 3.92% by acquiring Placid's 39.43% stake.
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, increasin