Amber Enterprises India Limited — Board Meeting, 22-10-2024: Outcome of Board Meeting

Amber Enterprises India Limited's Board has approved the amalgamation of its wholly-owned subsidiary, AmberPR Technoplast India Private Limited, into the Company. The merger, which requires the National Company Law Tribunal's approval, aims to streamline operations, reduce costs, and enhance competitiveness. There will be no cash consideration or changes in shareholding, as all shares of AmberPR will be canceled. The merger is expected to benefit the Company's stakeholders and improve operational efficiency.