Laxmi Goldorna House Limited — JV/Acquisition, 07-06-2025: Amalgamation/Merger

Laxmi Goldorna House Limited is merging with its wholly owned subsidiary Laxmi Infraspace Private Limited to simplify its group structure and improve operational efficiency. The merger targets synergy, cost savings, better cash management, and resource optimization by combining real estate and gold jewelry businesses. No share exchange or dilution will occur, as the parent company’s shares in the subsidiary will be cancelled. This consolidation is expected to enhance shareholder value through a more focused and cost-effective business approach.