Tag
Placid Limited
3 articles
Kiran Vyapar FY26 Results: Dividend, Merger Impact
Kiran Vyapar's Board approved audited standalone and consolidated financial results for Q4 and FY ending March 31, 2026.
The Board recommended a final dividend of ₹1.00 (10%) per equity share, subject
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