Thacker & Company Ltd — Dividend/Bonus, 02-05-2025: Corp. Action

Thacker and Company Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has received sanction from the Mumbai NCLT for the merger by absorption of its wholly owned subsidiary, Fujisan Technologies Limited, effective from April 1, 2022. The merger aims to consolidate operations, improve efficiency, reduce overheads, and enhance shareholder value by integrating businesses and optimizing resources. Following the merger, the Transferor Company will be dissolved, and its assets, liabilities, ongoing litigations, and employees will transfer seamlessly to Thacker and Company Limited, ensuring continuity and operational streamlining.